Pension Freedoms over-taxation nears £700m

Pension savers have reclaimed £693m in overpaid pension tax since the Pension Freedoms were introduced in April 2015.

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AJ Bell platform assets rise 17% to top £55bn

Platform assets administration at investment platform AJ Bell rose 17% to £55.2bn in 2020, according to its annual results released today.

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Workplace pension contributions drop by 11%

UK pension savers paid 11% less into workplace defined contribution pension schemes as the Coronavirus pandemic hit the UK, according to new data from the Office for National Statistics (ONS).

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AJ Bell joins move to axe VAT from MPS

Platform and SIPP provider AJ Bell will remove the VAT charge from its Managed Portfolio Service (MPS) from 1 October.

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