Individuals pay 10 times more tax for LTA breaches
- Tuesday, 21 August 2018
- Articles
The tax collected from individuals breaching the Lifetime Allowance (LTA) has rocketed by £100m since it was introduced in 2006, with the latest figures showing that £110m in tax was collected from individuals exceeding the allowance during 2016/17, compared with less than £10m in 2006/7 when the LTA was introduced.
Read more...Pension transfers hit £10.6bn in first quarter of 2018
- Thursday, 21 June 2018
- Articles
Pension transfers hit a new record of £10.6bn in the first quarter of 2018, ONS figures have shown.
Read more...Dispute over ‘mandatory’ cashflow modelling claim
- Wednesday, 06 June 2018
- Articles
A dispute over whether cashflow modelling is to become “effectively mandatory” for DB transfers has broken out between a software firm and the FCA.
Read more...Committee has 'suspicions’ over DB pensions plan
- Friday, 13 April 2018
- Articles
Hargreaves Lansdown has praised the “indefatigable” chair of the Work and Pensions Committee, Frank Field MP, as he launched an inquiry into Government plans for pensions.
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