Administrators at Evelyn Partners have been appointed to handle the collapse of Rowanmoor Personal Pensions Limited, but pension holders are protected

Tax breaks granted to people in the UK on their savings and investments hit a record high of £27.1bn in the last year, with pensions dominating 

Minister for pensions Guy Opperman has called on pension schemes of all types and sizes to make sure their data is ready for pensions dashboards

The Pensions Regulator warns trustees to ramp up their work on preparing pensions dashboards as the first schemes will go live in 12 months

The Financial Conduct Authority (FCA) has banned and fined five directors over £1m after they caused significant losses to pension customers

There are 2,300 pension savers in the UK who are still paying into their personal pension schemes despite their pots already exceeding the lifetime allowance 

Employers suspected of failing to meet their workplace pensions duties are being targeted with spot check inspections

A wine merchant has won an appeal against HMRC discovery assessments and penalties of £350,905 with the court ruling that although he ‘regularly’ filed his accounts late he did not do it deliberately

HMRC has paid out £22m to people who had overpaid tax when they accessed their pensions flexibly in the first three months of 2022

Two pension trustees have been jailed after they scammed 245 people out of £13m through fraudulent pension investment schemes

Four in 10 taxpayers do not know that pension contributions automatically receive 25% tax relief despite an annual bill of over £42bn to pay for the tax break 

The former owner of Norton Motorcycles has been given a suspended prison sentence for illegally investing pension schemes’ money into his business as it faced financial problems