Budget ’24: Hunt to cut NIC by 2pc, no income tax changes
Chancellor Hunt has announced a 2 per cent cut in National Insurance Contributions (NIC), reducing the rate from 10 per cent to 8 per cent starting from April 6th, with self-employed NIC...
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Budget ’24: Hunt orders DC schemes to disclose UK holdings – and threatens action to increase domestic investment
Chancellor Jeremy Hunt confirmed that DC pension schemes will be required to disclose their UK and International investments and warned that ‘further steps’ may be necessary to boost further domestic investment. In...
Demand for annuities rockets on fears rates could fall soon
Demand for annuities has rocketed over the past 12 months, with the number of quotes sourced by advising rising by 60 per cent, according to new data. Financial services technology provider iPipeline...
Johnson Fleming appoints former Aon director as it seeks UK expansion
Johnson Fleming has appointed Martin Parish as its new regional director. Parish joins for Aon, where he worked for almost a decade, most recently as its co-head of UK DC advisory business. ...
Healix launches digital skin cancer check
Healix is the latest healthcare provider to offer a digital skin cancer check to employees covered via one its trust arrangements. The new service will be offered in partnership with Circle Integrated...
Hunt’s DC pension reforms could result in less funding for UK plc: AJ Bell
Forcing pension schemes to disclose their UK holdings could perversely result in less funding for British businesses, according to industry warnings. AJ Bell has said government proposals to compel UK DC schemes...
TPR consults on new ‘strategy statements’ for DB schemes
DB trustees will have to submit an annual ‘statement of strategy’ alongside actuarial valuations under new proposals announced by The Pensions Regulator. This should set out long-term funding and investment strategy for...
Group PMI driving ‘record’ number of private medical treatments
Admission for private healthcare treatments continued to rise rapidly through 2023, with the latest PHIN data suggesting this will be the busier year on record. A total of 215,000 private health admissions...
Corporate Adviser Awards: Success can deliver vital boost to business
Advisers have less than a week to enter this year’s Corporate Adviser Awards, with the deadline for the awards being March 8. These flagship industry awards showcase innovation across the industry and celebrate...
People’s Pension moves £15bn into green investment strategies
The People’s Pension will move £15 billion of its assets into climate aware investment strategies — the biggest single transfer of its kind by a UK master trust to date. The workplace...
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