News

HM Treasury is set to change tax rules in a bid to help providers develop new retirement income products that better meet the evolving needs of members.

Trustees will be allowed to override scheme rules to follow tax rules in order to ensure individuals have flexible access to their savings.

The government is set to restrict pensions tax relief for the over 55s in a bid to stop the "exploitation" of new tax freedoms.

A High Court judge has overturned a decision by the Pensions Ombudsman (PO) to deny a prison officer in the Principal Civil Service Pension Scheme (PCSPS) retirement at age 55 on full benefits.

Revealed: The 11 standards retirement 'guidance' providers must meet

The Bank of England (BoE) is consulting on the benefits and rewards offered to its staff in an effort to "harmonise" the package, a spokeswoman has confirmed.

The Financial Conduct Authority (FCA) has launched a consultation into the parts of the guidance guarantee for which it will be responsible.

The trustee of the Honda Group UK Pension Scheme has appointed Punter Southall to provide actuarial services from its Bristol office.

The Financial Conduct Authority (FCA) has found evidence of poor pension transfer advice with regards to enhance transfer value (ETV) exercises.

What you need to know about the Budget changes