News

The government’s much-awaited ‘Tax Day’ was met with little fanfare as predictions of cuts to higher-rate tax relief again failed to materialise.

The Smart Pension Master Trust has allocated £100m of its default assets to seed a blended private market illiquids fund being launched by Natixis Investment Managers.

The full impact of the pandemic means many defined benefit (DB) schemes will have now overestimated the life expectancies of their members, research suggests.

Rothesay has completed a £6m follow-on buyout with an unnamed aviation scheme, insuring benefits of eight pensioners and 31 deferred members.

Contingent funding is set to be used by three-quarters of schemes as they seek to cover liabilities without draining employer cash, says Lane Clark & Peacock (LCP).

The Pensions Administration Standards Association (PASA) has published guidance on scheme data management plans.

The Pensions Regulator (TPR) has secured the extradition of a suspected fraudster following engagement with the Metropolitan Police.

The Pensions Administration Standards Association (PASA) has appointed LexisNexis Risk Solutions as its expert partner for member identity management.

Treasury officials are considering cuts to tax relief that would see higher-rate tax relief on pension contributions slashed, according to reports.

The government’s “double U-turn” on the retrospective use of the regulator’s new criminal powers in the Pension Schemes Act is creating damaging confusion, Lane Clark & Peacock (LCP) says.