All Politics articles – Page 7
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Pensions freedom age to increase from 55 to 57
On the go: The government has confirmed it will increase the age at which people can access their pension from 55 to 57 in 2028.
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Work and pensions committee urged to open inquiry into scams
On the go: The head of a transparency pressure group has written to the chair of the work and pensions committee to request it opens an inquiry into the scope and extent of pension scams.
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Supreme Court lifts ban on political investments by local council pensions
On the go: Local council pension schemes can now invest against the government’s foreign policy, after the Supreme Court ruled a ban on politically motivated boycotts was unlawful.
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Govt suspends tax rule for returning NHS workers
On the go: The government has temporarily suspended tax rules that could have seen returning NHS workers hit with a significant tax charge on their pensions income.
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Jonathan Reynolds named shadow pensions secretary
On the go: Former shadow economic secretary Jonathan Reynolds has been named as the shadow secretary for work and pensions by new Labour leader Keir Starmer.
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McCloud: Civil servants to choose between old and new schemes
On the go: Members of public sector pension schemes who were victims of discrimination will be allowed to choose whether they accrued service in the old or new schemes, the government announced on Wednesday.
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IFS calls for end to ‘ludicrous’ pension taxes
On the go: The Institute for Fiscal Studies has called on the government to put a stop to the “ludicrously generous” tax treatment of inherited pensions, rather than tinkering with pensions tax relief in next month’s Budget.
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Women unfairly targeted by pension anomaly
On the go: Women are being unreasonably affected by the net pay anomaly, according to government data, as pressure mounts on politicians to act.
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Labour MP calls for early access to public sector pensions
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.
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TPR to promote DB schemes under proposed amendment
On the go: An amendment to the pension schemes bill could see the Pensions Regulator having to actively promote defined benefit schemes where possible.
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Climate disclosure guidance for schemes expected in March
On the go: The Department for Work and Pensions is set to issue guidance in March to trustees on reporting the impact of their investments on climate change, pensions and financial inclusion minister Guy Opperman has confirmed.
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Four candidates named for Work and Pensions select committee chair
On the go: Debbie Abrahams, Chris Bryant, Stephen Timms and Karen Buck are the Labour MPs that so far have been nominated for the election of the next Work and Pensions select committee chair.
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Government brings identical bill back to parliament
On the go: The Department for Work and Pensions has reintroduced its pension schemes bill in the House of Lords, after the December general election delayed its debate in Parliament.
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Now Pensions tax relief top-up claims double in a year
On the go: Workplace pension provider Now Pensions will be topping up pension pots of non-taxpayer members for the fourth year, after seeing claims double in 2017-18, when compared with the previous period.
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SNP vows to end executive pay pensions gap
On the go: The Scottish National Party will support moves to ensure executive pension contributions are the same as for all workers.
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Conservatives promise to revive pensions bill
On the go: The Conservative party has promised to bring back Guy Opperman’s three-part pensions bill if re-elected, in a manifesto that largely maintains the status quo in retirement saving.
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Labour promises £58bn redress to 1950s women
On the go: The Labour party has pledged to compensate women affected by the state pension age hike, with a £58bn commitment.
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NewsLabour’s nationalisation plans could dent scheme portfolios
The Pensions and Lifetime Savings Association has urged the Labour Party to clarify its plans for nationalisation of infrastructure and utilities, stressing that current investors must be compensated.
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Lib Dems in NHS pensions pledge
On the go: The Liberal Democrats have pledged to find a solution for the pensions crisis driving senior NHS staff to turn down extra work, but stopped short of any commitment to end the annual allowance taper.
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Greens manifesto to force fossil fuel divestment for public schemes
On the go: Public sector pension funds would be required to divest from fossil fuel-related companies under a government led by the Green Party, which has released a manifesto packed with controversial pension reforms.