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A new survey has revealed 85% of respondents believed all DB schemes should allow partial transfers.
Bruno Schroder had died following a short illness.
Automatic enrolment (AE) has, by and large, been a success story. Opt outs have been fewer than predicted and the 10 millionth employee has been auto-enrolled, according to figures recently released by The Pensions Regulator (TPR). It’s also been good to see TPR getting their teeth into a few unscrupulous employers that have flouted the rules to show they mean business.
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A recently-published court ruling could open HMRC up to new claims from investors who accidentally lose lifetime allowance ‘protection’ by forgetting to stop paying contributions to their schemes.
Financial Planning firm Tilney has urged pension savers: “carry forward, if you can.”