News
Pension scams and cyber security
Cyber scams in the UK are unfortunately becoming more common, and scammers’ techniques more sophisticated. This is a serious issue that can have devastating consequences for individuals’ finances, including pensions.
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EP Corporate Group submits revised non-binding cash offer to International Distribution Services (IDS) Plc
The Trustees of the RMDCP have noted the revised potential cash offer made by EP Corporate Group for IDS (the parent company of Royal Mail Group), which the IDS Board have signalled they are minded to recommend. The IDS Board has now agreed to an extension of the deadline for discussions so as to explore the offer in further detail.
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Pension savings and tax
In last year’s Budget, the government announced some changes to the amount of pension benefits you can build up without having to pay any tax on them. The Lifetime Allowance is being replaced by two new allowances. These allowances remain quite high and so most members of the RMDCP won’t need to take any action.
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