Latest articles from Amy Austin

Govt backtracks over policy on Ssas consolidation

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

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

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

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

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.  

Budget 2020: AA taper thresholds hiked by £90k

On the go: Chancellor of the exchequer Rishi Sunak has unveiled plans to raise the point at which tapering of the annual allowance kicks in by £90,000 as of next month.

Govt to tweak tapered annual allowance in Budget

On the go: Chancellor Rishi Sunak will use his first Budget next Wednesday to raise the tapered annual allowance threshold income to £150,000 from the current £110,000, according to reports.

Company director fined after prioritising yachting over TPR

On the go: A company director has been fined £10,000 and ordered to pay £2,800 in costs by the Pensions Regulator for failing to provide information and documents requested as part of an investigation.

Schools leave pension scheme as contributions rise

On the go: The number of private schools opting out of the Teachers’ Pension Scheme to avoid a significant hike in contributions has increased by more than a third in the past six months.

Email attacks on the Pensions Regulator rise 148%

On the go: The Pensions Regulator was the target of more than 343,000 email attacks in 2019, an increase of 148 per cent over last year, according to official data.