Structural changes in the workplace, technological innovation, providers’ direct strategies and increased consolidation all mean group risk products must develop to thrive in the market of the future, said delegates at a Corporate Adviser round table in London...
The court overturned an earlier judgement, and ruled that HMRC could impose 40 per cent IHT on pension transfers made by those who know their life expectancy is impaired. Effectively this means...
The Prudential Regulatory Authority will no longer require small UK insurers to have their annual Solvency and Financial Condition Report (SFCR) externally audited. This exemption will benefit all members of the Association...
The Financial Conduct Authority and the Pensions Regulator have announced a joint regulatory strategy aimed at improving retirement outcomes for consumers. This will include a wide-ranging strategy review next year, which will...
Unum has launched a new excepted group life policy (EGLP) master trust, designed to simplify the process for employers. This allows Unum to write multiple group life policies under a single master...
The voluntary Simpler Annual Statement has been developed collaboratively by Ruston Smith, Co-Chair of the DWP’s 2017 Automatic Enrolment Review Advisory Board and Chair of the Tesco Pension Fund, Vincent Franklin and...
Speaking at the PLSA annual conference today, Opperman will say the 100-day transfers are “outdated” in the modern digital age. He has backed the Transfers and Re-Registrations Industry Group (TRIG) framework to...
Suggest a potentially disastrous outcome and follow it up with an alternative that would previously have been highly unpopular, but is then greeted with massive relief. It’s a strategy that has become a standard part of...
Global mobility and emigration are on the rise as an increasing number of individuals choose to retire or spend part, or most, of their working life overseas. These individuals may already be living outside the UK...
It is estimated there are 1.6m lost pension pots, with a total value of almost £20bn, according to new industry research. This research was carried out by the Association of British Insurers...
