pension reform

Revealed: What advisers told the Treasury about pensions 'guidance'

Almost a third of UK adults do not know what changes to pensions were announced in the Budget or how they are affected, according to research.

The government's Pensions Bill, which was first introduced in May and is set to reform the UK's state and private pensions, is now taking views from the public before it reaches its final stages in the Commons.

Pensions minister Steve Webb has announced the Department of Work and Pensions will publish its Reinvigorating Pensions report on 22 November.

NUDGE-NUDGE

The British Medical Association (BMA) has threatened to ballot doctors in May on taking industrial action if the government does not change its stance on NHS pension reform.

High net worth clients on the hunt for tax efficient savings vehicles following the Budget clampdown on maximum investment plans (MIPs) are likely to turn to enterprise investment schemes (EIS) and venture capital trusts (VCTs), the Prudential has predicted....

The government will attempt to address inequalities in the state pension between civil partners and married couples as it considers marriage equality.

Shadow Chancellor Ed Balls has called for the government to cut pensions tax relief to 26% for people earning more than £150,000 per year.

The government has published its final offer on public sector pension reform.