David Brooks says schemes must think now about helping members claim the top-ups
Government estimates low take-up of tax relief top-ups as savers to be asked to apply
Government sets out plans to address low-paid anomaly in tax relief treatment
Pension body urges government to consider four key policy areas in 2021 Budget
FCA-regulated scheme is portable, ESG-focused and aims for simplified planning
The number of savers enrolled in workplace schemes has increased steadily since 2012
A settlement for the Sanofi Pension Scheme and a warning on HMRC tax proposals
Concern that taking a wide definition of ‘tax advice’ could inadvertently impact the pensions market
HM Revenue and Customs (HMRC) has revealed a 6% rise in the amount withdrawn flexibly this quarter versus the same period last year, and a 10% increase in the number of individuals using this freedom.
The government must work with HM Revenue and Customs (HMRC) and the wider industry to clarify GMP equalisation uncertainties, Mercer says.