Latest articles from Amy Austin

Inflation change could shave 20% off pension incomes

News On the Go

On the go: Government plans to change the way the retail price index is calculated could see savers’ lifetime pension income drop by almost 20 per cent as defined benefit schemes are hit.

Regulators warn over Covid-19 pension scams

News On the Go

On the go: Regulators have issued a warning that rising levels of vulnerability caused by the Covid-19 lockdown could see more savers targeted by scammers, as concerns about finances increase.

Questions remain about AE contributions in govt scheme

News On the Go

On the go: Government's announcement that it will cover employer auto-enrolment pension contributions for furloughed workers still leaves many questions unanswered, such as how it will operate for defined benefit schemes, an expert warned.

TPR relaxes AE enforcement action in response to Covid-19

News On the Go

On the go: The Pensions Regulator is giving employers more time to pay contributions without triggering any enforcement action, in a move to reduce the burden on businesses during the Covid-19 crisis.

Govt relaxes pension rules for returning NHS staff

News On the Go

On the go: The government has relaxed its pension rules in the coronavirus bill for National Health Service staff returning to work so they are not hit by reduced pension payments.

Govt backtracks over policy on Ssas consolidation

News On the Go

On the go: The Department for Work and Pensions has been forced to clarify that small self-administered schemes will not be included in its push for consolidation of subscale defined contribution arrangements, following industry backlash.

ITV given six months to fund pension scheme

News On the Go

On the go: ITV has been given six months to fund the Box Clever pension scheme after it lost its eight-year legal challenge against the Pensions Regulator.

New all-party group to tackle pension scams

News On the Go

On the go: A cross-party group of MPs and Lords have united to better protect pension scam victims and develop a range of policies to prevent scammers from operating.

Pension bill progress halted due to emergency health laws

News On the Go

On the go: Progress on the pension schemes bill has come to a halt following the government’s commitment to hurry through emergency health legislation to combat the effects of coronavirus.

Chancellor launches probe into net pay anomaly

News On the Go

On the go: The government is launching a consultation to address an anomaly in the pensions tax relief system that sees low earners missing out on a 20 per cent boost on their pension contributions.