Pension Sector Presses Government To Reconsider About Fraud Tax

By Martin Croucher (Dec 13, 2021, 2:33 p.m. GMT) – The government’s plan to increase the amount of retirement savings to meet the rising cost of compensating fraud victims is “totally unreasonable,” a trade organization has warned .

The Pensions and Lifetime Savings Alliance said Friday that the Boris Johnson administration should consider a major rethink of the overall financial safety net for retirement savers, rather than simply increasing what is known as the fraud compensation levy.

The trade organization responded to a consultation launched by the Ministry of Labor and Pensions last month on the Fraud Compensation Fund. The program is administered by the Retirement Insurance, which operates as …

Stay ahead of the curve

In the legal profession, information is the key to success. You need to know what is happening to customers, competitors, practice areas and industries. Law360 offers the intelligence you need to stay an expert and beat the competition.

  • Access case data within articles (numbers, filings, courts, type of lawsuit, and more.)
  • Access to attached documents such as Briefs, petitions, complaints, decisions, motions, etc.
  • Create custom notifications for specific article and case topics, and more!


Source link


Comments are closed.