The House of Lords has made five amendments to the Government’s Pensions Bill outlining pension salary sacrifice changes, including voting to increas the annual cap on employee contributions for full National Insurance relief from £2,000 to £5,000.

The Pension Schemes Bill currently going through Parliament could allow ministers to force pension funds to invest in “high risk assets,” former Pensions Minister Baroness Ros Altmann has warned.

I have never been the biggest fan of the House of Lords (an unelected second chamber doesn’t sound very twenty first century to me) but I cheered this week when their noble Lords took a closer look at the Pensions Bill and decided a £2,000 salary sacrifice cap, as the Government wants, was a pretty bad idea.

Aberdeen Investments has joined a growing chorus of calls for investment trusts to be included in the Pension Schemes Bill.

A bid to include investment trusts in the Pension Schemes Bill has been met with resistance in the House of Lords debate on the Pension Schemes Bill.

A House of Lords committee report has warned that bringing pensions into the scope of inheritance tax (IHT) will cause ‘significant delays and costs’ under the currently proposed rules.

The House of Lords has called on the FCA to halt its plans to push forward with 'naming and shaming' firms facing investigations.