More transfers will be hit by the 25 per cent overseas transfer charge (OTC) on transfers from UK registered pensions schemes to qualifying recognised overseas pension scheme (QROPS), Budget papers published today...
Chancellor Rachel Reeves has unveiled plans to add billions to the NHS, including a £22.6 billion boost to the NHS's day-to-day budget and an additional £3.1 billion in capital funding over the...
In her first Budget the Chancellor Rachel Reeves has confirmed that pensions will be included within the value of estates for inheritance tax purposes. This change will be effective from April 2027...
Scottish Widows is welcoming 24 new tech trainees at its Dundee Tech School to develop gamified products for Lloyds Banking brands, aiming to boost pension engagement. The school, which was established in...
Ten major annuities providers, including Canada Life, Just Group, Legal & General, Standard Life, and Scottish Widows, have joined Origo’s new annuity transfer tracking service. Advice firms can directly monitor the status...
Legal & General has completed a £1.1 billion buy-in with Deutsche Bank’s UK DB Pension Scheme, securing benefits for 4,000 members. This is the Scheme's third buy-in with Legal & General, reaching...
Foster Denovo has made its latest acquisition in the East Midlands with the purchase of 80Twenty, based in Lockington in Leicestershire. Foster Denovo has completed its fifth acquisition within a year, bringing...
Healix Health has appointed former Axa head of global distribution Luke Harding as commercial director. Harding, who has almost 20 years of experience in employee benefits and corporate healthcare, comes to Healix...
Zurich has launched a new group critical illness proposition which rounds out its suite of Group Risk products. This policy offers coverage for spouses or partners with a maximum benefit of up...
The Financial Ombudsman Service (FOS) received almost 40 per cent more financial complaints, while pension complaints decreased marginally, in the first half of 2024. The ombudsman received 133,019 complaints between January and...
