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Does pension tax relief U-turn pave the way for salary sacrifice reform?

Abandoned plans for reforming pension tax relief could push the Chancellor towards cracking down on salary sacrifice in tomorrow’s Budget. At the last Budget, in July 2015, the Government said it would “actively monitor” the growth of schemes, which allow firms and employees to reduce their National Insurance bills, as the “cost to the taxpayer […]

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MPs propose early state pension access for women

The Work and Pensions committee has called on the Government to allow women affected by hikes in the state pension age to take their pot early, at a reduced rate. The proposal comes in response to the Women Against State Pension Inequality campaign, which has argued increases in the state pension age have been poorly […]

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Pension liberation fraud falls as crooks target larger savings

The number of pension liberation frauds reported to police has dramatically fallen over the last five months, but evidence suggests increasingly sophisticated criminals are targeting ever larger sums. Latest figures from the City of London police show that in February, the latest month for which figures are available, just 12 cases of liberation fraud were […]

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