Nigel Waterson, chair of the trustees at Now Pensions, has today announced that he is standing down after more than seven years in the role.
As the end of the tax year approaches Hargreaves Lansdown has predicted a surge in drawdown cash withdrawals.
As auto-enrolment minimum contributions are set to rise from 5% to 8% in April, new analysis show has shown the cost of opting out of a workplace pension scheme.
SIPPs remain a top three pension product recommended by financial advisers, according to a new survey by Defaqto.
Organised crime groups led by married couples or families are running pension scams worth millions of pounds, according to The Pensions Regulator.
A new survey has revealed 85% of respondents believed all DB schemes should allow partial transfers.
Automatic enrolment (AE) has, by and large, been a success story. Opt outs have been fewer than predicted and the 10 millionth employee has been auto-enrolled, according to figures recently released by The Pensions Regulator (TPR). It’s also been good to see TPR getting their teeth into a few unscrupulous employers that have flouted the rules to show they mean business.
A recently-published court ruling could open HMRC up to new claims from investors who accidentally lose lifetime allowance ‘protection’ by forgetting to stop paying contributions to their schemes.
Shock revelations, brought to light under the Freedom of Information Act, have suggested more than 100,000 pension savers could be hit with six-figure tax bills following tiny uplifts to their pension.
Pensions risk and investment management firm Cardano Group has agreed to acquire 100% of workplace pension provider Now Pensions from Danish pension fund Arbejdsmarkedets Tillaegspension.
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