PPF confirms zero levy
The Pension Protection Fund (PPF) has confirmed it will charge no levy for 2025/26, saving 5,000 UK defined benefit (DB) schemes and their sponsoring employers £45m. The change follows the Pension Schemes...
The Pension Protection Fund (PPF) has confirmed it will charge no levy for 2025/26, saving 5,000 UK defined benefit (DB) schemes and their sponsoring employers £45m. The change follows the Pension Schemes...
Cigna Healthcare’s International Health division is partnering with Headspace to expand its mental health solutions for Global Health Benefits (GHB) customers. Eligible customers and their covered dependents can get unlimited access to...
Budget anticipation is building, with rumours about changes to the 25 per cent tax-free lump sum available to most savers when accessing their pension. Royal London has already started to see a...
UK defined benefit pension schemes are still adjusting to the new funding regime a year after the introduction of the Funding Code, according to Aon. The new regime was considered the biggest...
The proportion of people seeking advice before accessing their pension for the first time has fallen again, according to the latest data from the Financial Conduct Authority. These figures show that of...
NatWest Group has instructed advisers to push the sale of NatWest Cushon, the company in which it holds an 85 per cent stake, according to media reports. Sky News has cited ‘City...
Aviva has completed bulk purchase annuity (BPA) buy-in transactions worth £113 million for the pension schemes of British department store group, Fenwick Limited. The deals are part of a series of transactions...
HMRC tax receipts for insurance premium tax (IPT) fell slightly in August this year — however the total for the year to date is still significantly higher than last year. The data...
Hybrid working appears to produce happier workforces, with a better life-work balance according to new research by Health Shield Friendly. This Britain At Work report found that 74 per cent of hybrid...
Bupa has appointed Chris Carroll as chief executive officer for its Global, India & UK market, effective 1 January 2026. Carroll, who currently leads Bupa Insurance in the UK, will report to...