Measure will come into force from April 2029
Reports say chancellor has also decided against cutting pension lump-sum withdrawals
Former pensions minister sets out 12 potential reforms and recommendations
Steve Hitchner says Budget reforms will produce few immediate savings and could introduce risks
Despite being ‘potentially lucrative’
The state pension is now set to rise 3.1%
Furloughed workers will continue to receive pension contributions under the government’s coronavirus job retention scheme, HM Revenue & Customs (HMRC) has confirmed.
The government has confirmed it has increased the National Insurance (NI) threshold from £8,632 to £9,500 from April.
Professional Pensions is delighted to welcome back pensions and financial inclusion minister Guy Opperman to open day two of Professional Pensions Live in 2020.
The People’s Pension (TPP) has issued a new call on the government to reform auto-enrolment (AE) to help reduce the ethnicity gap over the long-term.