Tax pensions on death to make Budget add up, IFS tells gov’t
IFS suggests radical set of tax rises on wealthy retired to make UK tax system more efficient. Pension pots should be taxed on death, the Institute...
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Pension freedoms could bring in £19.2bn of tax in next decade
Surging drawdowns may reduce overall tax take. The UK pension freedoms, which came into effect in 2015, could increase tax revenue by as much as...
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UK regulator shelves contingent charging ban for DB pensions
Industry split as contingent charging likened to commission. The Financial Conduct Authority has shied away from introducing a ban on contingent...
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New rules for UK pension transfers
Changes outlined for qualifications, guidance and advice models. The Financial Conduct Authority is taking forward all but one of its proposals aimed...
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Pension annual allowance penalties leap to £517m
Record 16,590 people paying penalty on 2016-17 pension contributions. The tax take from individuals paying a tax penalty for breaching the £40,000...
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Are pension freedoms still the right approach?
Increased uncertainty poses very clear challenges for the provision of pensions and advice, says FCA chief. The introduction of the UK's pension...
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