Prospect's pensions officers blog about the issues that exercise their minds.
Treasury has published statistics on the numbers of people accessing defined contribution pots since the freedoms were implemented and how much of these savings has been taken. For fans of huge reams of statistics and annexes and analysis, the document will come as a bit of a disappointment. In fact...
As mentioned in my last blog piece, the British Steel crisis has got me thinking about the long term nature of a pensions promise.
British Steel and BHS’s pension woes get me to thinking of two long standing bug bears I’ve had with defined benefit provision. I’ll look at the first one here.
It’s a rare Budget that goes by without some tweaking of the system of pension tax relief. More recently, radical reform has been seriously debated. This blog post considers how pension tax relief might be altered in the future.