News

Mandatory saving through auto-enrolment (AE) must coincide with fairer annual management charges (AMC) for members, former chairman of the Pensions Committee Lord Turner said last week.

One in 10 (11%) of The Pensions Regulator's 590 investigations into auto-enrolment (AE) non-compliance was triggered by whistleblowing reports.

A scheme allowing pensioners to top up their flat-rate state pension through voluntary National Insurance contributions (NICs) is expected to raise £850m over two years.

Today's Budget pension reforms will not irreparably damage the annuity market, says Just Retirement customer insight director, Stephen Lowe.

The government will consult on proposals from the Office of Tax Simplification (OTS) about the creation of an employee shareholding vehicle.

The government is to consult on four of the main simplifications outlined in the Office of Tax Simplification's (OTS) review of employee benefits and expenses, including the payrolling of P11Ds.

The government will undertake a call for evidence on remuneration practices to inform future policy changes, as it believes current rules can lead to "unfair outcomes".

Chancellor George Osborne used today's Budget to radically overhaul the retirement income market.

HM Revenue and Customs (HMRC) will receive further powers to tackle pensions liberation in the Finance Bill 2014.

The government will auction fewer index-linked gilts (ILGs) in 2014/15 as the total value of gilts issued is set to fall from £153.4bn to £128.4bn.