All Tax articles – Page 16
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Opinion
The Tories' individualist, messy pensions policy provides boost for some
Prime minister David Cameron's policy-laden speech to his party's conference today put this week's abolition of the 55 per cent pensions inheritance tax at the heart of its message to core voters.
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News
How devolution could affect your scheme
Scheme professionals have predicted devolved tax and welfare powers to Scotland, England, Wales and Northern Ireland could increase the cost of administering schemes which have members across the UK, though others doubt the impact.
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News
How the PPI's answers to the adequacy question stack up
The Pensions Policy Institute has said higher statutory contribution levels for median-higher earners and more contribution-matching could improve retirement outcomes, but has received a mixed response including warnings of unintended consequences.
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News
Yes or No: schemes brace for Scottish independence vote
Pension scheme managers and industry experts are focusing on tax and cross-border funding requirements as challenges that could arise out of next month’s Scottish independence vote, regardless of the outcome.
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News
Invensys terminates reservoir trust as surplus grows
Invensys Pension Scheme has exceeded full funding on a technical provisions basis and has taken the unusual step of terminating a reservoir trust that was set up to provide funding security after the employer was purchased.
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News
One in four executives taking cash in lieu of pensions
The number of FTSE 250 executives taking taxable cash supplements instead of pensions has risen, according to a survey, as the way high-earners receive benefits has changed in light of lower lifetime and annual allowance limits.
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News
Schemes face costly tax defeat after HMRC ruling
Defined benefit schemes have been urged by advisers to take steps to ensure they can continue to recover VAT on professional services, following an unexpected legal interpretation from HM Revenue & Customs.
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News
LLPs forced to consider enrolling partners after Supreme Court ruling
The Pensions Regulator has said limited liability partnerships will have to consider auto-enrolling their partners, after a Supreme Court decision threw their employment status into doubt.
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OpinionThe DC Debate – judging the impact of the saver's Budget
This quarter's debate of the crucial issues facing defined contribution scheme managers and trustees evaluates the fallout of the 2014 Budget, as well as the pensions minister's latest comment on tax relief.
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News
Schemes delay mergers over tax risk concerns
Schemes are thinking twice about undertaking bulk transfers of benefits to avoid the risk of passing on individual tax charges to members as they await final official rules.
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News
Civil service schemes centralise admin to boost engagement
The civil service pension schemes are moving the administration of their active, deferred and pensioner members to a single system to reduce costs and increase member engagement.
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News
Schemes called upon to boost comms as tax deadline approaches
Schemes should communicate changes to the annual and lifetime allowance to both active and deferred members to ensure savers do not lose their fixed protection, industry experts have said.
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News
Schemes face series of admin hurdles in 2014
2014 preview: Pensions liberation, data and tax are among the major administrative challenges schemes will face next year, industry experts have cautioned.
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News
Scams burden remains in spite of HMRC registration
News analysis: A High Court ruling last week established the Pensions Regulator’s authority to take action against schemes it believes to be fraudulent.
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News
Schemes face annual allowance rush to avoid fines
Schemes must inform members if they have breached the annual tax relief allowance in 2011/12 and 2012/13 by October 6 or face penalties from HM Revenue & Customs.
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News
How auto-enrolment exceptions help your scheme
News analysis: Exceptions to auto-enrolment regulations due next year will bring more flexibility to schemes, but may be too late to help those already enrolled.
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Features
Rexam changes rules to reduce member tax cost
Rexam Pension Plan has changed its scheme rules to allow a handful of active members affected by tax relief reductions to reduce their pensionable pay.