Latest articles from Amy Austin

Uber drivers given pensions after court ruling

On the go: Uber drivers will be auto-enrolled into a pension scheme after a Supreme Court judge ruled that its drivers should be classed as ‘workers’.

Budget 2021: Lifetime allowance frozen until 2026

On the go: The pensions lifetime allowance will be frozen at just more than £1m until April 2026, chancellor Rishi Sunak announced on Wednesday.

Government rejects NHS pension tax proposals

On the go: The government has decided not to go ahead with its proposed flexibilities for the NHS Pension Scheme, as it believes changes to the taper threshold went far enough to address the issue.

TPR urges DC schemes to pay more attention to climate change

On the go: The Pensions Regulator has warned the defined contribution market must pay more attention to both the risks and opportunities of climate change in investment strategies.

Savers lose £78m to ‘clone firm’ investment scams in 2020

On the go: Fraudsters pretending to be legitimate companies stole £78m from unsuspecting victims through pension and investment scams in 2020, according to Action Fraud.

Call for ‘living pension’ to boost contribution levels

On the go: A living pension standard is needed to encourage employers to raise contribution rates and help workers enjoy a decent standard of living in retirement, a think-tank has suggested.

TPR under pressure to ‘show teeth’ after corporate failures

On the go: The Pensions Regulator will come under pressure from the industry to “show its teeth” when dealing with the recent Arcadia failure and ensuring the best outcome for members, Royal London has warned.

Altmann lambasts ‘shocking’ FCA DB transfer findings

On the go: Former pensions minister Ros Altmann has criticised the Financial Conduct Authority for being slow to ban contingent charging on defined benefit transfer advice, and allowing advice companies to operate without relevant insurance.

FCA releases DB transfer advice assessment tool

On the go: The City watchdog has released an assessment tool to help financial advisers understand whether the defined benefit pension transfer advice they have given was suitable.

Pension contributions plunge 11% as Covid crisis hits

On the go: Savers paid 11 per cent less into their defined contribution pension schemes as the coronavirus pandemic hit the UK, Office for National Statistics data shows.