The government has finally responded to last year’s Supreme Court ruling on equal pension benefits for same-sex partners in the event of a scheme member’s death.
This blog is an update on one written in January, with additional information relevant to members considering whether to cash in the pension they have built up in a defined benefit pension scheme. It is important to read this in conjunction with the earlier blog.
The vast majority of employers Prospect deals with have a long history of offering excellent quality pension schemes to their employees. The relatively small number who never previously did so, have been caught up by a relatively new legal duty to enrol employees into a pension scheme and contribute to...
The civil service pension scheme recently reported that overpayments of £22 million were made to pensioners over many years.
If you live in Scotland you will be a Scottish taxpayer and pay Scottish Income Tax (your tax code should start with an ‘S’ to reflect this).
A major trend in pensions in 2017 was for tens of thousands of members of defined benefit pension schemes to trade in their benefits for a large cash lump sum.
A previous blog covered the potential impact of Brexit on the pensions of Prospect members who move between the UK and the rest of the EU during their careers or after they retire.
The pension tax relief system is very complicated (complicated enough to generate more previous pension blogs than any other issue!).