Recent analysis from Pensions UK should serve as a wake-up call for employers and policymakers alike. The finding that more than three-quarters of UK workers are not on track to achieve a...
The pensions sector, along with much of retail financial services, is being urged to embrace targeted support. It has been created to address at least part of the advice and guidance gap...
Former pensions minister Ros Altmann has urged the government to stop “wasting” council tax on pension contributions and use the money for social care instead. Altmann was pensions minister from 2015 to...
Government receipts from inheritance tax continue to soar with HMRC collecting an additional £100m from this levy in the first quarter of the financial year. HMRC data show IHT tax receipts in...
The prudential corporate pension solutions division of M&G has entered into a strategic partnership with Kuperstein Kapital and Cedar Insurance. The move is intended to strengthen M&G’s value share bulk purchase annuity...
More than half the UK workforce will be aged 50 or over by 2030, as more people delay retirement through choice or financial necessity. But, with the risk of health issues increasing...
Standard Life has expanded its risk transfer business, through a new partnership with CVC, Prudential Financial, Goldman Sachs and MS&AD. This partnership will be funded with a combined capital commitment of up...
A significant proportion of defined benefit pension schemes have yet to set their long-term funding targets, according to findings from Barnett Waddingham, part of Howden. The research surveyed 50 professional trustees of...
Isio has acquired Trafalgar House Pensions Administration for an undisclosed sum. The move is intended to strengthen Isio’s administration offering and expands the range of schemes it can support. It also reflects...
Inflation data from the Office for National Statistics shows that the year-on-year consumer price index in the UK rose from 2.6 per cent in June to 2.9 per cent in July. The...
