Package of measures were announced yesterday in the Autumn Statement
Trade body says switch to ‘lifetime provider’ would be ‘radical departure’ from current system
Response confirms DWP will support TPR to establish a trustee register
Industry says reforms raised questions for employers and needed careful consideration
HSBC Asset Management sets out checklist of areas for schemes and trustees to consider
Letters were sent to TPR and FCA following Autumn Statement
Reduce inflation and boost GDP growth
What we know so far on a day of seismic change for the pension industry
Autumn Statement documents confirm LTA abolition on track
The government said current 35% tax rate on extracted surpluses will reduce to 25%