If you’re covering the Association of Consulting Actuaries report, which shows 75% of employers think the current pension tax structure was too complicated and needs simplification please see the following comment from Ian Browne, retirement expert at Quilter:
Following a change to the Child Trust Funds Regulations, allowing an account provider to transfer a Child Trust Fund as it matures to an ISA or a protected account where no instruction has been received, please find below a comment from Rachael Griffin, tax and financial planning expert at Quilter:
Old Mutual Wealth, Quilter’s adviser platform, has added a voluntary ‘scheme pays’ feature to its personal pension, the Collective Retirement Account (CRA), allowing customers to settle annual allowance tax charges for any pension scheme.
Previously married couples are at risk of ignoring one of the most valuable assets in divorce settlements, the latest figures from the Family Law Courts shows.
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