Latest articles from Amy Austin

Chancellor spares pensions tax relief and triple lock for now

News On the Go

On the go: Pensions tax relief and the triple lock have once again been spared by the chancellor of the exchequer, although changes to these costly policies are expected down the line.

Third of schemes improve outcomes for transferring members

News On the Go

On the go: Almost a third of pension schemes — 30 per cent — have taken action to improve outcomes for their members when transferring out of their defined benefit plan, according to research from XPS Pensions.

Lords back exclusion of financial transactions from dashboards

News On the Go

On the go: Peers in the House of Lords have shown their support for the exclusion of all financial transactions, such as the transfer of assets, from the pensions dashboard in order to protect savers from scams.

Peers push for restriction on commercial dashboards

News On the Go

On the go: Labour peers are pushing for an amendment to the pension schemes bill that will see a 12-month restriction placed on providers looking to operate their own pensions dashboards.

Auto-enrolment reaps rewards as contributions hit £20bn

News On the Go

On the go: Auto-enrolment continues to boost pension savings with total contributions rising by £5bn in 2019, but savings are expected to slump this year due to Covid-19.

Regulator to focus on protecting savers amid Covid-19

News On the Go

On the go: The Pensions Regulator has said it will prioritise protecting savers during the coronavirus pandemic, as well as supporting schemes to continue to deliver benefits.

Lords looks to mandate guidance on pension transfers

News On the Go

On the go: An amendment to the pension schemes bill could see savers forced to obtain guidance before they are allowed to proceed with a pension transfer.

Regulator finds lack of consistency in IGCs

News On the Go

On the go: The Financial Conduct Authority is concerned about a lack of consistency in the way independent governance committees operate, which means that members of some workplace pension schemes may not be receiving value for money.

ABI revives call for flat rate pension tax relief

News On the Go

On the go: The Association of British Insurers has urged the government to simplify the pension tax relief system, arguing it worsens existing inequalities in its current form.

Workplace pension saving on the increase

News On the Go

On the go: Auto-enrolment is proving to be a success as a record number of individuals saved into a workplace pension last year, according to the latest data.