News

The total funding level for 87 Local Government Pension Scheme (LGPS) funds in England and Wales increased from 101 per cent in December 2023 to 104 per cent in January 2024, representing...

Almost one in four (23 per cent) working adults have reduced their pension contributions as a result of the cost-of-living crisis - with one in 20 (5 per cent) stopping contributions entirely according...

The government has today launched a major consultation on the UK’s defined benefit pensions that includes proposals for easing access to DB surpluses and establishing a public sector consolidator. The consultation aims...

Simplyhealth has appointed Paul Schreier as its new chief executive. Schreier will assume the role of CEO in mid-May, pending regulatory approval, succeeding Acting CEO Nicholas Potter, who will resume his position...

The Pension Regulator (TPR) is stepping up its regulatory monitoring to guarantee that savers continue to benefit from pensions. It will create three new regulatory functions starting in April with the goal...

Standard Life has appointed Mike Ambery to the new role of retirement savings director. Ambery joins from Hymans Roberston, where he was a partner and DC consultant with the firm.  He is...

Hilary Salt, a founding partner of First Actuarial has announced her retirement.  Salt was one of nine partners who founded First Actuarial in 2004. The business has grown substantially since then and...

The chancellor Jeremy Hunt is poised to cut the early access penalties on Lifetime Isas (Lisas) in the forthcoming budget, according to media reports.  PoliticoEU reported that the chancellor is considering cutting...

One in seven or 16 per cent remain unclear on what constitutes good customer outcomes, six months after the implementation of Consumer Duty, according to Opinium. Furthermore, 45 per cent of IFAs...

AJ Bell has launched a new technical hub for financial advisers designed to support them with impending pension tax changes when the Lifetime Allowance (LTA) is abolished in April. Tech Zone provides...