Retirement

A pensions expert has called for industry to lobby against the intention of the HM Revenue & Customs (HMRC) to tax all transfer lump sum death benefit (TLSDB).

HM Revenue & Customs (HMRC) has published a discussion paper aiming to gain consensus on the application of the Inheritance Tax (IHT) law where it relates to new situations within the new simplification regime.

A pensions expert says it is too late to backtrack on pensions simplification, with the wheels already in motion towards 6 April 2006.

Three major governing pensions bodies have signed a tripartite memorandum of understanding with the objective of improving pension security.

The Revenue has moved to close the loophole regarding a second tax-free lump sum for pre-1987 members of occupational pension schemes, previously left out of the 2005 Finance Act.

Pensions specialist Scottish Equitable has launched a ‘support package' to aid advisers and their clients prepare for A-day.

Financial specialists say it will be 15 years before UK companies clear the deficit of their final salary pension plans.

A specialist lender forecasts a 15% increase in the buy-to-let market in the UK, as a direct result of new regulations regarding self-invested personal pensions (Sipps) following A-Day.

Long-term saving in the UK does not even constitute a period stretching longer than a decade, new research indicates.

More than one in three UK workers, which is the equivalent of 8.5 million individuals, claim they are not offered a pension scheme by their employer, new research indicates.