Steve Hitchner says Budget reforms will produce few immediate savings and could introduce risks
Scottish Widows finds workers could save £35,900 over the course of a 25-year period
The Pensions Regulator (TPR) has issued further guidance for employers with pension obligations making use of the government’s Coronavirus Job Retention Scheme.
In this week's Pensions Buzz, we want to know if you think it is fair that The Pensions Regulator can seize assets from fine dodgers, and how schemes should deal with pension overpayments from contracting-out discrepancies.
The government has clarified its stance on salary sacrifice car schemes following confusion within the industry over the changes announced in last year's Autumn statement.
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.
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....
Chancellor Philip Hammond has restricted the tax-free benefits offered by salary sacrifice schemes - a move that is set to save the government more than £1bn by 2022.
Workplace pensions, childcare and cycle to work schemes have been left out of plans to reform salary sacrifice, according to a recently published HMRC consultation.
Mike Crowe looks into the detail of the recent Budget and asks what it means for the future.