DB members could lose £500 a year due to inflation caps
The average private sector defined benefit retiree might be losing out on an annual income of £500, or roughly £8,000 over the course of their lifetime due to inflation caps, according to...
The average private sector defined benefit retiree might be losing out on an annual income of £500, or roughly £8,000 over the course of their lifetime due to inflation caps, according to...
The Advertising Standards Authority has banned a series of HSBC advertisements, saying they made “misleading” environmental claims. This is the first time the regulator has ruled against a bank for misrepresenting its...
Transact has announced the death of its co-founder and former chief executive Ian Taylor at the age of 58. In a statement Transact said Taylor died peacefully after a short illness on...
Growth in renewable energy projects in the US could be hit by extreme weather risk, making it hard to get insurance for these schemes. The latest market insights report, by GCube Insurance...
The pandemic has created a backlog for the healthcare industry, delaying many diagnoses and treatments and putting immense pressure on the NHS. With the Mental Health Foundation estimating 70 million work days...
The pensions industry has welcomed the Department of Work & Pensions decision to give providers a six-month lead time before the dashboard project goes live. Previously the DWP had proposed that the...
One of the less well-known threats from the current inflation shock is its likely impact on the Lifetime Allowance (LTA). Pay packets are expected to grow as demand for increases surge in...
Fund managers have increased allocation to alternative investments since the Covid pandemic and say the strong performance of these assets during this period has led to a more more positive view of...
Nearly 55 per cent of employers have seen demand for menopause support increase in the past two years, according to Peppy. Over a five-year period, the same is true, with nearly two-thirds of...
The triple lock on the state pension could be dropped for the second year running after the new chancellor, Jeremy Hunt, refused to commit to increasing this benefit in line with inflation. ...