Automatic Enrolment: Government introduces charge cap and bans commission

Auto EnrolmentIn the second major shake up to pensions in little over a week, the Government has announced that charges on all schemes used to automatically enrol workers will be capped. Over the next few years, all workers over the age of 22 and earning above a set level, currently £9,440 per year, will be automatically enrolled into a workplace pension. Our ...

Guest blog: Future of pension tax reliefs and tax-free lump sums questioned…again!

Guest Blog AJ Bell 150pxIn his first guest blog for us, Mike Morrison Head of Platform Marketing at SIPP provider AJ Bell, looks at the latest call for changes to the system of pension tax reliefs and tax-free lump sums. You go away for a couple of weeks holiday in the summer thinking – it’s summer, it’s hot, we are winning sporting events and there is a royal baby on the way. Surely pensions will be low on the ...