‘Range of factors’ have driven estimated cost of the programme up by 23%
‘Incomplete information’ from government caused members to suffer financial losses
The Public Accounts Committee’s recommendation that HM Revenue & Customs (HMRC) should conduct a review into the impact of pensions tax relief has been ruled out by government.
The government has admitted it has never provided a “straightforward and proportionate” solution to the challenges in the current pensions tax relief system in a call for evidence this morning (21 July).
HM Revenue & Customs (HMRC) must evaluate the benefits that are provided by pensions tax relief, MPs have said amid concerns the tax office does not understand the impacts.
A report from the Public Accounts Committee urges DWP to monitor auto-enrolment closely as the industry grapples with small employers and low earners, Michael Klimes finds
Getting small businesses and people earning low wages on board with automatic-enrolment (AE) will be the real test over the next couple of years, says the Public Accounts Committee (PAC).
Auto enrolment (AE) would be easier for small employers if the National Employment Savings Trust (NEST) was the default provider and had been from the outset, says Mike Cherry.
PAC inquiry will be 'litmus test' for auto-enrolment
HM Treasury (HMT) has provided an "unacceptably poor" service to Equitable Life policyholders, the Public Accounts Committee (PAC) has said.