Fabian Society report says chancellor could raise £10bn by ‘cutting and reforming pensions tax relief’
SPP says proposals have ‘tangible risk’ of ‘unintended consequences’ for schemes
AJ Bell analysis found pension freedoms over-taxation reclaims are approaching £900m
The SPP said the pensions tax system is complex and often misunderstood by savers
After a tumultuous few weeks of campaigning, the Conservative party won their largest majority since Margaret Thatcher's 1987 victory in last night’s general election, while Labour is facing its worst defeat since 1935.
Scheme members are not equipped to deal with the tax implications of accessing their pension, last week's Pensions Buzz respondents said.
The Association of Consulting Actuaries (ACA) has received support for its proposed 'model scheme' to simplify defined benefit (DB) benefits alongside the conversion of guaranteed minimum pensions (GMPs).
The Association of Consulting Actuaries (ACA) has appointed its first female chair, Jenny Condron. Victoria Ticha speaks to her about the key pension issues that must be addressed and how to bridge the industry's gender gap