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Freedom of Information reveals pension tax relief ‘scandal’

A new FOI reply to Steve Webb, director of policy at Royal London, suggests that far more low-paid and part-time workers are missing out on tax relief on their pension contributions than previously thought. 
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Increase in auto-enrolment cushioned by tax changes

Pension savers will now be putting away more in their pots as part of an increase in auto-enrolment minimum contributions from 5% of qualifying earnings to 8%.
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Transfer values increase ’substantially’ in March

Pension transfer values as measured by the XPS Pensions Group Transfer Value Index increased “substantially” during March, the firm has said.
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Experts react to Government green light for Pensions Dashboard

The Government’s consultation on the proposed Pensions Dashboard has concluded and the report, published yesterday, pledged primary legislation to make it a reality.
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Experts remain wary despite new ambulance chaser rules

Experts have cautiously backed a new regulation regime which will see the FCA oversee claims management companies (CMCs), so called ‘ambulance chasers’, but say there is no time for complacency.
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  1. Nervous retirees seek advice on pension freedoms
  2. 900+ ambulance chasers enter FCA regulation today
  3. Pension savers short-changed £40k by auto enrolment 'quirk'
  4. Mattioli Woods £4m acquistion to boost SIPPs in Northern Ireland

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Features Article Count:  4

Insight & Analysis Article Count:  3

Comment and Blogs Article Count:  291

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