Displaying items by tag: pensions

2018 has been a quiet year in the world of pensions - no seismic changes or hacking of allowances makes for welcome relief.

The Pensions Regulator (TPR) has announced the appointment of Charles Counsell as its new chief executive. 

Pensions administration firm Trafalgar House has achieved the Investor in Customers (IIC) Gold Award, the highest available accolade, for the second successive year.

Dominic Chappell, the director and majority shareholder of the company that bought BHS for £1, has been ordered to pay more than £124,000 for failing to hand over information to The Pensions Regulator (TPR).

Two thirds of British adults are in favour of mandatory pension contributions, according to new research.

Thousands more pension savers are taking action over concerns they have been hit by a pension scam or are at risk - spurred by an FCA and TPR-backed campaign.

PIMFA, which represents around 1,000 UK wealth managers and financial advisers, has called for an “urgent review” of the FSCS following yesterday’s announcement of an interim levy.

The basic premise on contributions made to pensions is that once the money has gone in, you can’t get it out again until you reach retirement age (or earlier ill health or death). There are very few circumstances when exceptions can be made, and if a refund is made other than as permitted by HMRC, then it would be classed as an unauthorised payment with charges totalling up to 70% of the amount refunded.

Experts have had their say on the appointment of Amber Rudd as Work and Pensions Secretary and spoke out about what her priorities should be.

Work and Pensions Secretary Esther McVey has quit the Cabinet over Prime minister Theresa May’s Brexit deal.