The Pensions Research Accountants Group (PRAG) is warning that pension funds are at high risk of attack from cyber criminals as they have access to extensive personal identity data including addresses, financial records and banking details, which can be sold, or used to compromise or steal from other victims

Finance directors are being urged to look at how recent changes to pension regulations are impacting accounting costs, after research from pensions consultancy Xafinity Punter revealed that new pension freedoms could cost UK companies £25bn

The Royal Society of the Arts (RSA) is calling for a new approach to pensions relief to offer more support for lower earners and the self employed, saying that three quarters of workers would be better off if the government introduced a 30% flat rate

HMRC has been forced to temporarily remove an online calculator which gave incorrect information about annual pension allowances, following complaints from Royal London

In its final report on pension freedoms, the work and pensions select committee is calling for the introduction of a ‘default decumulation pathway’ and a single pensions dashboard for information, as a way of protecting those on low incomes or who are disengaged with pension arrangements

Croner Taxwise tax consultant Angela Robson examines the impact of the tapered annual allowance on pension savings and offers various options to deal with tax liabilities

Six pension and finance companies involved in the operation of occupational pension schemes have been placed in provisional liquidation following an investigation by the Insolvency Service

The Financial Conduct Authority (FCA) has published new rules on pension transfer advice, and is seeking views on additional changes, including adviser charging structures, with the aim of improving the quality of advice available to consumers

The consulting arms of UK accounting firms, notably the Big Four, accounted for nearly 40% of all revenues earned in the UK consulting market in 2017, winning the majority of the work in the financial services market and representing the fastest growing firm segment, according to a report from Source Global Research

The Financial Conduct Authority (FCA) has published new rules on pension transfer advice and is seeking views on additional changes, including adviser charging structures

The government plans to introduce a new criminal offence to punish reckless behaviour in relation to a pension scheme, which it says will form part of a ‘tougher approach for those whose irresponsible decisions impact on their pension scheme’

MPs are warning that the changes to child benefit and poor communication from HMRC may mean thousands of parents risk losing out on future pension entitlements, and are calling on the Treasury to provide more analysis of the numbers affected

Auto enrolment pension contributions are set to double for employers from April and companies will have to pay a minimum contribution of 2% from the 2018-19 tax year

HMRC has updated the pension guidance to clarify the calculation methods for the reduced tapered annual allowance for defined benefit pension and career average schemes for 2016-17 tax years onward

The hugely complex individual savings account (ISA) regime needs to be overhauled to create a more streamlined, simpler savings system to encourage savings rates and reduce complexity, says a working group set up by the Association of Accounting Technicians (AAT) and cross-bench MPs