The Financial Services Compensation Scheme has raised a supplementary levy due to rising claims, which will raise costs for advisers and wealth managers. This £92m supplementary levy was announced in the FSCS’s...
A technical change to the way the inflation index is calculated, as announced alongside the Spending Review, is an unlikely candidate for grabbing people’s attention. But if you’re one of the millions...
£100bn has been wiped off the value of index linked gilts and other RPI-linked assets by the Chancellor’s decision to dump the retail price index in favour of CPIH, says Hymans Robertson....
Paul Bucksey will become the new managing director of Smart Pension workplace business. This appointment comes as part of a reorganisation of the business which sees Smart separate out its platform business...
Chancellor Rishi Sunak’s rumoured plan to ditch Retail Prices Index (RPI) inflation measure in tomorrow’s spending review could wipe around 0.8 per cent a year off payment increases. The Chancellor is rumoured...
Rumours that the chancellor will look to reduce higher rate tax relief on pensions, to help make cost savings in a post Covid environment, have surfaced again. There has been speculation that...
Fintech advice firm Wealth Wizards will have its employee-based app featured in a new ITN programme on financial wellbeing. The programme, hosted by former Watchdog presenter Alice Beer, will look at what...
Those who have transferred out of a defined benefit scheme over the past 30 years now urgently need to seek advice on whether they are due top-up payments, following a high court...
An at-retirement collective DC structure could deliver sustainable income 57 per cent higher than can be achieved by an income drawdown investor and 49 per cent more than an annuity, according to...
Trustees and IGCs will have an increasingly important role to play in the DC pension sector to ensure good outcomes for members. This was one of the main conclusions of a Q&A...
