Latest articles from Amy Austin

HMRC GMP equalisation guidance fails to address all tax issues

News On the Go

On the go: Long-awaited guidance on tax issues arising from the equalisation of guaranteed minimum pensions as failed to address key technical and tax issues, according to experts.

Labour MP calls for early access to public sector pensions

News On the Go

On the go: Labour MP Emily Thornberry has called for public sector workers to have access to their pension pots before they retire, claiming it would help boost the economy.

Pension industry welcomes Opperman reappointment

News On the Go

On the go: Experts across the industry have expressed their relief at Guy Opperman being reappointed as pensions minister, saying it brings continuity and reassurance that positive reforms will be made over the coming year.

TPR to promote DB schemes under proposed amendment

News On the Go

On the go: An amendment to the pension schemes bill could see the Pensions Regulator having to actively promote defined benefit schemes where possible.

Charity boss jailed for pension fraud

News On the Go

On the go: The former head of a charity for the disabled has been jailed for five years after being found guilty of transferring £250,000 from the organisation’s pension scheme.

Only six in 10 pensions to be located by dashboards

News On the Go

On the go: Savers may only be able to locate six out of ten pension pots when pension dashboards are launched unless the industry starts to improve data quality, PensionBee has warned.

Successful reforms require Pensions Commission return

News On the Go

On the go: Pension reforms from the mid-2000s, such as the introduction of auto-enrolment, were only implemented successfully because of the Pensions Commission and its membership, research has found.

Govt urged to replace tax relief rules with pension top-up system

News On the Go

On the go: The current tax relief rules should be replaced by a pension top-up system, either through the government or the employer, according to a proposal from Hargreaves Lansdown.

Majority of GP scheme records are out of date

News On the Go

On the go: Only one-quarter of doctors’ pension records are up to date for the 2017-18 tax year, data has shown, leaving GPs at the mercy of unexpected tax bills.

Scottish government presses chancellor on pension tax

News On the Go

On the go: Scottish health secretary Jeane Freeman has called on the chancellor of the exchequer to find a permanent solution to fix the issue of the tapered allowance impacting National Health Service doctors.