A former owner of Norton Motorcycles is to be prosecuted for illegally investing money into the business from three pension schemes for which he was the sole trustee

The lifetime allowance freeze is a pensions time bomb waiting to explode, but it may be worth considering a transfer of funds to a qualifying recognised overseas pension scheme (QROPS), explains Rachel De Souza, private client partner at RSM

The Chancellor, Rishi Sunak, has not dismissed the idea of lifting the triple lock on pensions in his response to a letter from the Treasury Committee which asked for his stance on the matter

A call centre director has been banned for eight years after running an unregistered pension scheme, risking over £200,000 from people’s pensions 

The Prime Minister and Chancellor has called on UK’s institutional investors to invest money into businesses and infrastructure to create an ‘Investment Big Bang’ to help the UK economy recover from the pandemic

The Low Incomes Tax Reform Group (LITRG) announced its disappointment in the government for the lack of progress towards rectifying net pay pension schemes that sees an estimated 1.5m low-income workers paying a 25% penalty for their pension savings

The government has confirmed that it will proceed with plans to increase the normal minimum pension age (NMPA) from 55 to 57 years, marking the age they can access their pension pots tax free

 The amount of tax charged for people breaching the lifetime allowance (LTA) and annual allowance (AA) limits rose to an eye-watering £283m for the tax year 2018 to 2019

Over the last four tax years on average 44,843 NHS staff have opted out of the NHS Pension Scheme every year totalling close to 180,000 staff overall 

The Financial Reporting Council (FRC) has confirmed the dates for the next phase of a disciplinary tribunal hearing of a formal complaint under the Accountancy Scheme in respect of KPMG LLP and ICAEW member David Costley-Wood over pensions advice given to bed and mattress specialist, Silentnight

Implementing the Pension Schemes Act, combatting scams and developing a framework for measuring value for money are three of The Pensions Regulator’s (TPR) priorities for the next three years as it continues to respond to economic uncertainty following the Covid-19 pandemic

The government is planning to force pension providers to issue simpler annual statements to pension savers in auto enrolment schemes to overcome current jargon-filled reports