News

Around half of pension schemes are expected to enjoy a reduced Pension Protection Fund (PPF) levy for 2015/16 under its revised framework.

Detail in HM Treasury's Autumn Statement has spelled uncertainty for the future of claiming tax relief under salary sacrifice regimes.

Younger generation employees value emotive incentives over monetary perks and employers should use technology to harness this, Rosetta Stone says.

Middle sized pot holders could be encouraged to take financial advice by the guidance guarantee, according to pensions minister Steve Webb.

Ikea has topped up long-serving employees' pension pots by more than £1,000 each as part of a €200m (£157m) bonus scheme.

The government has confirmed it will not proceed with proposals to launch a new employee shareholding vehicle or introduce ‘marketable securities'.

Middle sized pot holders could be encouraged to take financial advice by the guidance guarantee, according to pensions minister Steve Webb.

The Chancellor will introduce legislation to stop fund managers disguising their fee income to avoid paying tax.

The Treasury will net an additional £1.15bn in taxes as a result of defined benefit (DB) members transferring to take advantage of incoming defined contribution (DC) freedoms.

Increases in employer contributions to public sector schemes will net central government £335m a year, rising to £390m by 2020, according HM Treasury.