Pensions

The government has introduced an income tax exemption for regulated financial advice provided as part of employer-led transfer exercises from defined benefit (DB) to defined contribution (DC) pension schemes.

The 2015-16 tax year will be split into two mini tax years for the purposes of the annual allowance as part of transitional rules, the government has announced.

HM treasury will "actively monitor" the effect of salary sacrifice on tax receipts and has left the door open to cutting back on the benefit.

The government has delayed the launch of a secondary annuity market amid concerns about consumer protection, it has said in its Budget document out today.

A shift from an 'EET' to a ‘TEE' tax system could save the government £10bn a year, academic Michael Johnson has said.

The government is extending access to its 'free and impartial' retirement guidance service Pension Wise to those aged 50 and above.

Pension green paper: The eight key questions

Chancellor George Osborne is to publish a green paper to seek feedback on a plan to make "pensions more like ISAs".

High earners have had the tax relief on their pension contributions cut in today's Summer Budget.

George Osborne has confirmed the inheritance tax (IHT) threshold will increase to £1m for couples funded by a pension tax relief cut for people earning more than £150,000.