Summer Budget 2015
Confusion around annual allowance taper could 'cost savers thousands'
Pension savers may miss out on thousands of pounds in tax relief due to confusion around the annual allowance taper rules implemented earlier this month.
Jamie Jenkins: flat rate of tax relief would still incentivise saving
Auto-enrolment (AE) would not be undermined if the Chancellor introduces a flat rate tax incentive in next month's Budget, according to Standard Life's Jamie Jenkins.
Tax changes make companies consider closing DB schemes
Companies with defined benefit (DB) schemes are considering closing them due to changes in tax allowances made in the 2015 Budget according to research from PwC.
Seven LGPS funds appoint LGIM to manage £6.5bn pooled investments
Legal and General Investment Management (LGIM) has been chosen to manage £6.5bn of passive pooled investments for seven local government pension schemes (LGPS) known as the "Shires".
Payrolling of P11Ds officially launches
Payrolling of P11Ds is a step nearer as HMRC reveals its service. Owain Thomas examines the details and two important consultations.
Treasury to sit on tax relief changes until spring 2016
Chancellor George Osborne has said he will wait until next spring to reveal the government's view on reforming pension tax relief.
Treasury to sit on tax relief changes until spring 2016
Chancellor George Osborne has said he will wait until next spring to reveal the government's view on reforming pension tax relief.
Think before you act, industry tells George Osborne
Flat-relief welcomed, EET to TEE rejected
Government urged to cap tax relief on pension contributions
The government should cap the rate of tax relief high earners can claim on pension contributions rather than introduce a flat rate across all income bands, says Hymans Robertson.
TISA calls for more progressive pensions tax relief
The Tax Incentivised Savings Association (TISA) has urged the government to make the tax treatment of pensions more progressive as one of several measures to encourage people to save.
Concern ISA-pension merger would harm savings culture
Government plans to merge ISAs and pensions would harm retirement saving and mean more retirees run out of money, Axa Wealth head of retirement planning Andy Zanelli has warned.
TUC welcomes tax relief green paper
The government's green paper on tax relief has been welcomed by the Trades Union Congress (TUC).
Bosses targeted for underpaying NMW by £150,000
A further 75 employers have been named and shamed by the Department for Business, Innovation and Skills (BIS) for underpaying their workers more than £153,000.
Social Housing scheme agrees contributions hike to tackle deficit
Deficit recovery contributions from employers into the Social Housing Pension Scheme (SHPS) will be boosted by £32m a year to improve the scheme's funding position.
Osborne: Treasury led on pension changes because they were primarily about tax
The Treasury took the lead on the retirement flexibilities introduced in April because they were mostly concerned with removing tax charges, Chancellor George Osborne has said.
Five stories you might have missed: Tax relief fears; Prudential cleared; TPR U-turn
Top stories on PP this week include fears over a green paper white wash, the latest Ombudsman decision on transfers, and TPR action on master trusts. Here's the top five.
Changing tack on pension tax relief would be a disincentive to save
Flipping tax relief would undermine the pension system, not reinforce it
Industry says change is needed but rejects ISA pensions
The pensions industry recognises the need for change, but thinks the summer Budget spells trouble and ‘ISA pensions' would mean lower retirement incomes, according to PP research.
Comment: Why I want to save in a workplace ISA
Treasury ministers are said to be very interested in the potential of workplace ISAs replacing pensions. Jonathan Stapleton asks whether employees would want to use them.
Have your say: Has the government made up its mind to axe upfront tax relief?
Is the green paper a waste of time?
Government introduces laws restricting strike action
Employers will be less susceptible to strike action and be able to take greater remedies when strikes do occur under tougher laws unveiled by the government.
Governments have been making pensions simpler since 2002, so why are they more complicated than ever?
Will it be nth time lucky?
Industry fears government has made up its mind to axe upfront tax relief
Industry figures have warned the green paper on pensions tax relief published last week is "not a genuine consultation" as the government has already decided on the outcome.
Turning pensions taxation on its head could prove costly in the long term
The government must tread very carefully if it wants to overhaul pensions tax relief
