tax

Pensioners are at risk of paying more tax than necessary by withdrawing over 25% of their fund in one lump sum, a Prudential analysis has found.

Master trusts will face a new tax registration process aimed at boosting savers' protection and aligning it with the incoming authorisation process.

Royal Bank of Scotland (RBS) has resumed talks with unions over national insurance (NI) contribution costs being passed onto its 27,000 defined benefit (DB) scheme members.

HMRC has been wrangling with a recent EU judgement saying DB schemes could reclaim VAT. With Brexit on the horizon, James Phillips explores whether the attempt is futile

Most of the industry believes employers are unlikely to absorb the increase in national insurance contributions, according to PP research.

Two thirds of people aged over 55 who have bought an annuity (68%) would be unlikely to cash it in despite being able to from next year.

DB is to become more costly under reforms to NI contributions. PP looks at the options for sponsors.

PensionsEurope has warned schemes are losing out from difficulties in getting withholding tax (WHT) refunds on cross-border investments in the EU.

HMRC and the FCA have begun consulting on a tax framework and rules for the secondary annuity market.

Bentley Motors has been criticised over plans to pass £1.4m of national insurance (NI) costs onto the 1,300 members of its defined benefit (DB) pension scheme.