You may or may not be aware that the law on workplace pension schemes has changed and the Automatic-Enrolment scheme, with which all employers must comply, is currently being rolled out across the UK.
Self employed people could be amongst the winners of the government’s new single tier pension.
More than five million retired people could save up to £1000 per year if Chancellor George Osborne takes the advice of the Office for Tax Simplification (OTS) and scraps income tax on state pensions.
Public sector workers will have to work longer and pay more into their pension funds if they want to continue to receive better pensions than those in the private sector, the chief secretary to the Treasury, Danny Alexander has said.
UK Independent Auditors are not obliged to tell pension scheme trustees about intricate details regarding their schemes.
New legislation will be passed to prevent employers from being able to force staff to retire at the age of 65.
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