Philip Hammond

The OECD believes annuities are part of the solution to prevent people running out of money in retirement. Michael Klimes asks how viable this is in the era of Freedom and Choice

Here it is… A full list of all the benefits PP thinks will be exempted, protected and affected by the salary sacrifice restrictions announced by chancellor Philip Hammond yesterday.

The chancellor has confirmed the government will keep the state pension triple lock but warned it could be cut in future due to rising longevity.

Cuts to the Money Purchase Annual Allowance; a £1bn raid on salary sacrifice schemes; a pledge to keep the pensions triple-lock; and increases in the Insurance Premium Tax… Professional Pensions takes a look at the key Autumn Statement announcements....

The government has reaffirmed its commitment to crack down on pensions cold calling and give firms more powers to block suspicious transfers.

The government has announced a consultation into reducing the money purchase annual allowance (MPAA).

The chancellor will outline plans to ban pensions cold calling and give firms more powers to block suspicious transfers in this Wednesday's Autumn Statement.

There is much speculation over what next week's Autumn Statement could throw up for pensions, so what does the industry want to see?

Tax relief reductions have lowered the allure of pensions relative to other savings products, potentially costing the government billions of pounds in lost tax revenue over the long term.

Benchmark 10-year gilt yields passed 1% yesterday for the first time since June's referendum, as overseas investors continued to shed sterling assets over fears of a 'hard' Brexit.