All annual allowance articles – Page 6
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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
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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Features
Schemes called to help high earners on tax dilemma
Schemes have been called upon to improve their members' retirement outcomes by providing information to help them decide on tax-efficient saving.
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Features
USS helps members beat AVCs tax charge
The universities scheme made a late amendment to its added years benefit to help members avoid an unforeseen annual allowance charge.
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Features
Rexam changes rules to reduce member tax cost
The packaging company’s £1.8bn DB plan has allowed members to control their tax costs by reducing their pensionable pay