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Thousands of NHS workers breach annual pensions allowance

 

At least 34% of people who exceeded the £40,000 annual pension allowance in 2019/20 were members of the NHS Pension Scheme, according to data sourced from HMRC sourced by Quilter.

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Pension Sharing Orders soar 17% in a year 

 

The number of applications for pension sharing orders has jumped 17% in the past year from 7,500 to 8,800 as pensions become increasingly contested in UK divorces, analysis by a Financial Planning firm has revealed.

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Ex-Norton Motorcycles boss sentenced over pension failings

The former owner of Norton Motorcycles - Stuart James Garner - has been given an eight month suspended prison sentence for illegally investing pension schemes’ money into his business.

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An independent future for LV= as trading profits leap 222%

IFRS trading profit for life, pensions and investments provider LV= jumped by 222% to £29m in 2021 as the firm’s CEO says LV= will seek to retain its independence. 

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