News

There are now over a million pensioners paying income tax at 40 per cent or more, according to a freedom of information request submitted by consultancy Lane Clark & Peacock. In five...

Rents are expected to more than double over the next 20 years, taking the total cost of renting in retirement to around £419,000, according to research by Standard Life. Retirees who rent...

Westfield Health has surpassed revenue of £100m for the first time in its 106-year history, up 7 per cent.  Additionally, the provider now has 590,000 policyholders, up 25 per cent since 2022,...

The latest VFM consultation gives concessions to schemes targeting annuity – it’s hard to see why these schemes would continue to exist. The latest iteration of the value for money framework should...

The Government's consultation on DB surplus flexibility reflects the improved funding position of many defined benefit schemes and raises questions about how they can use surplus. As the consultation ends, Broadstone says...

Almost one million young people aged 16 to 24 were not in education, employment or training in the second quarter of 2026. This is according to Office for National Statistics data, which...

There are some “significant practical issues to resolve”, particularly around payments to younger members in the case of defined benefit surplus, according to a response by pensions focused law firm Sacker &...

Aptia has appointed Russell Laver as head of pension risk transfer. Laver, a qualified actuary, joins from EY where he was a partner in the firm and led work on small scheme...

Low earners who were victim to a discrepancy in pensions payouts first identified in 2018 are finally to receive compensation, according to HMRC. The issue arose due to the difference in the...

Gallagher has appointed Michael Robinson to be head of DC investment in its UK benefit & consulting division. Robinson joins from Aegon UK where he was head of investment development and led...