News

Inflation remains at 3.8 per cent for the second consecutive month according to the latest data from the Office for National Statistics. The follows a rise the previous month, and shows inflation...

HCML has launched two new healthcare tests solutions: a sole trust for larger employers and a multi-employer master trust option.  Both offer an HMRC-approved funding vehicle that enables organisations to manage and...

The number of people transferring defined benefit pensions into defined contribution (DC) arrangements continues to fall according to the latest FCA data.  Its figures show that the number of transfers have more...

There has been a surge in the number of people accessing higher value pension pots in the past tax year, amid changes to pensions IHT rules and speculation about Budget tax raids....

Pensions UK has published its Small Pots Feasibility Review, calling for an industry-led approach to consolidating small pension pots by 2030 to cut costs and simplify pensions for savers. The Department for...

Hymans Robertson Personal Wealth (HRPW) has partnered with Krysalis Consultancy, a provider of neurological occupational therapy and vocational rehabilitation services. Krysalis, which was founded in 2006, works with individuals who have neurological...

LifeSight’s drawdown facility has hit over £1bn in assets, with 7,500 members choosing to access this option since retirement.  In total the LifeSight master trust has over £24bn in assets under management...

The state pension is ‘certain’ to exceed tax thresholds by 2027, with next year’s uprating pushing it to just below the personal allowance.  Figures published by the Office of National Statistics today...

Sackers has warned that HMRC’s plan to bring most pension death benefits and unused DC pots into inheritance tax (IHT) risks creating "unfair inconsistencies" between DB and DC members and between married...

Aegon has launched Mylo, a digital platform designed to help workplace pension members manage their savings and make informed financial decisions. Its key features include personalised nudges, life-event guidance, access to money...