A-day rules allowing ‘protected rights' to be taken before the age of 50, provided there is a ‘protected pension age' in place, is causing confusion which could lead to a 70% tax charge.
First Actuarial has called on the Department for Work and Pensions to press ahead with proposals to remove the constraints surrounding protected rights.
A further module on defined benefit scheme funding has been released by the Pensions Regulator as part of its Trustee Toolkit.
Hindsight is a wonderful thing. Just think about the better decisions we could all make if we knew exactly how things would turn out in the end - decisions on careers, houses, fashion styles!
Rowanmoor Pensions, previously the small self-administered scheme business of James Hay, is planning a series of pension roadshows.
Providers could meet the level of charges specified by the Pensions Commission, but only if there is a clearing house acting as a go between.
Pension providers could end up being responsible for informing people about the dangers of personal accounts.
Almost half of those approaching retirement expect to supplement their pension income from other forms of savings, research from Fidelity suggests.
Standard Life has approached the Pensions Policy Institute to see if they will review and endorse the research it submitted as a response to the pensions white paper consultation.
Changes to the way HM Revenue and Customs taxes short service lump sum refunds is anything but pensions simplification, says Aegon Scottish Equitable.