News

Members of private sector defined benefit schemes will be able to transfer to a defined contribution arrangement according to a written Ministerial Statement published ahead of the Budget consultation response.

Savers are to receive free independent guidance from the Money Advice Service (MAS) and The Pensions Advisory Service (TPAS) when given unfettered access to their pension pots from next year, the government has said.

Investment in cycling needs to be raised from the current £2 per head to £10 in order to fund long-term development of cycling infrastructure, the Transport Select Committee argues.

The government is consulting on two different measures recommended by the Office of Tax Simplification (OTS) to ease employee ownership arrangements.

The Pensions Regulator (TPR) investigated 785 cases of potential non-compliance with auto-enrolment (AE) between April 2013 and March 2014, latest figures reveal.

Mark Hoban has backed the Money Advice Service (MAS) to play a central role in providing the guidance guarantee.

Pensions minister Steve Webb has given the clearest indication yet of the make-up of the government's retirement ‘guidance guarantee', which will include a clear "hand off" to full advice for those who need it.

Here they are. 11 examples of how HMRC's transitional guidance will affect members.

HMRC has published guidance on the transitional issues associated with the pension changes that were announced in this year's Budget.

While company discount cards and employer pension contributions are good benefits they "do not pay the rent", says Living Wage Foundation chair and head of corporate responsibility at KPMG Mike Kelly.