Displaying items by tag: pensions
Friday, 22 February 2019 12:33
TPR reveals organised crime families running pension scams
Organised crime groups led by married couples or families are running pension scams worth millions of pounds, according to The Pensions Regulator.
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Friday, 22 February 2019 09:42
More than 8 in 10 call for partial DB transfers in all schemes
A new survey has revealed 85% of respondents believed all DB schemes should allow partial transfers.
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Wednesday, 20 February 2019 11:40
Lisa Webster: Beware the side effects auto-enrolment
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.
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Tuesday, 19 February 2019 12:08
Ruling could land HMRC with lifetime allowance claims
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.
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Monday, 18 February 2019 12:15
Pension savers could be hit by six-figure tax bills
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.
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Thursday, 14 February 2019 12:23
Cardano Group reveals acquisition of Now Pensions
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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Wednesday, 13 February 2019 10:46
Transfer values fluctuate but end January unchanged
Pension transfer values, as measured by the XPS Pensions Group Transfer Value Index, fluctuated moderately during January 2019, but with no overall change over the month.
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Monday, 11 February 2019 10:55
Lisa Webster: When not to use your allowances
It’s the time of year when all good advisers will be talking to their clients about making the most of any unused allowances, and this will often include using the annual allowance (AA) for pension contributions. But are there times when the advice should actually be NOT to use it?
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Friday, 08 February 2019 11:38
Claire Trott: Ongoing saga of SIPP complaints data
As the Chair of AMPS, I dread the day that the Financial Ombudsman Service complaints data is published.
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Thursday, 07 February 2019 11:16
Court fines accountant over ‘deliberate’ workplace pension failings
An accounts manager who tried to hide the fact that restaurants had not given their staff workplace pensions has been ordered to pay £5,000.
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