Pension tax relief costs Govt £48.7bn – fuelling speculation of Budget changes
Pensions cost the Treasury £48.7 billion in the year ending 2023— an increase of £1.1 billion over the previous year,...
Seven out of 10 taking flexible pension payments are younger than 65
Seven out of 10 people taking flexible payments from their pensions are younger than 65, according to latest data from...
‘Presenteeism’ costing UK businesses additional £25bn a year post Covid: IPPR
Lower productivity caused by ill-health sickness is costing UK businesses an extra £25 billion a year, according to a new...
Could Govt spending cuts jeopardise launch of dashboard?
Concerns have been raised that the government will scale back advertising and communications around the new pensions dashboard due to...
FCA seeks to simplify rules in wake of Consumer Duty
The Financial Conduct Authority has launched a ‘call for input’ on its own rules, with the aim of simplifying the current...
Pension scam warnings rise sharply in June: XPS
Pension scam warning ‘flags’ are at highest level in nine months according to new data from XPS Group. In total...
Tillit launches into workplace market with auto-escalation pension
Tillit has entered the workplace pension market with a Sipp (self-investment personal pension) product, which offers auto-escalation as standard, in...
Abolishing universal winter fuel payment equivalent to 3pc cut to basic state pension: Altmann
Axing the winter fuel payment for the majority of pensioners is equivalent to reducing the state pension by 3 per...
Reeves announces Budget date amid speculation about pension tax changes
The Chancellor Rachel Reeves has confirmed that the Labour Government’s first Budget will be on October 30. The announcement came...
Now Pensions becomes signatory to UK Stewardship Code
Now Pensions is the latest pension provider to become a a signatory to the UK Stewardship Code. The UK Stewardship...
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