No concerns over long-term cost efficiency and majority of funds now in surplus
Scottish higher-rate taxpayers will benefit from more pensions tax relief than workers on the same salary anywhere else in the UK as income tax bands continue to diverge.
This week's top stories include Smart Pension and Legal & General revealing a prototype demo of their workplace retirement income product, combining drawdown and annuities.
The Scottish Public Pensions Agency (SPPA) has requested £18.4m from the Scottish government over the next five years in order to deliver a replacement IT project after a Capita project was cancelled.
The Scottish Public Pensions Agency (SPPA) and Aquila Heywood have renewed their technology-based partnership in a bid to improve efficiencies for more than 550,000 members.