News

Steve Webb has repeated his call to scrap the lifetime allowance on pension saving and introduce a flat-rate tax relief of 30% on contributions.

Unum is making mental health first aid courses available to staff of an employer with a group income protection policy from the insurer.

The number of savers putting enough money into their pension to secure an adequate retirement is at its highest level since 2009 at 53%, according to Scottish Widows research.

The Pensions Regulator (TPR) has used its latest annual funding statement to urge trustees facing difficult negotiations make greater use of flexibilities in the funding regime.

All 8,600 of TSB Bank's employees will be awarded £100 in shares as part of its reward strategy which also aims to rebalance excessive executive pay.

The Pensions Regulator has urged trustees and employers to "work in a collaborative and transparent way" on scheme funding in its latest defined benefit code of practice.

Higher rate taxpayers who do not pay into a pension scheme are missing out on a collective £225m in tax relief every year, according to data from Prudential.

The government must make an "urgent decision" on the specifics of the guidance guarantee to ensure the April 2015 deadline is met, Friends Life has said.

The deficit of schemes in the Pension Protection Fund (PPF) 7800 Index increased from £112.3bn to £118.2bn in May.

Deloitte is introducing a more flexible approach to its working practices for more than 12,000 staff.