News

A "radical rethink" is underway in the annuity market following the sweeping Budget changes but concerns over fund depletion remain, according to Equinity Paymaster.

The Pensions Bill has received Royal Assent in Parliament, bringing reforms to state pension and the abolition of defined benefit (DB) contracting out closer.

Marston's has announced it will close its final salary pension scheme to future accrual from 30 September 2014.

Despite being the most common working environment, open plan offices may actually be detrimental to employee health, wellbeing and productivity, according to Canada Life research.

Defined contribution (DC) savers who intend to manage their own pension pot in retirement are unwilling to pay for regular advice, according to research from Hymans Roberston.

The Financial Reporting Council (FRC) has formally agreed proposals from the Investment Management Association (IMA) that will see fund managers break down profits and losses in pounds and pence figures for the first time.

Just under a quarter (24%) of applications for remission of employment tribunal fees from 29 July to 31 December 2013 were accepted, a written answer in the House of Commons reveals.

HM Revenue and Customs (HMRC) is taking a risk-based approach to dealing with benefits taxation - putting a greater emphasis on benefits and reward professionals to monitor taxable benefits.

Concerns over an auto-enrolment (AE) capacity crunch in early 2015 have been compounded by the announcements made in the Budget 2014, say consultants.

The Financial Reporting Council (FRC) has formally agreed proposals from the Investment Management Association (IMA) that will see fund managers break down profits and losses in pounds and pence figures for the first time.