The chancellor has been criticised for not providing targeted help for pensioners in today’s Spring statement. Pensioners, as well as lower-income households, are disproportionately affected by rising inflation rates and are now...
Chancellor Rishi Sunak confirmed his intention to relax the DC charge cap on pensions to help encourage more investment into illiquid assets, such as private equity and infrastructure. This announcement was contained...
Contributions into personal and stakeholder pensions — which includes workplace pensions — increased by 12 per cent between the 2018/19 and 2019/20 tax years, according to the latest HMRC figures The annual...
Millions of people making minimum AE contributions believe they are saving enough for retirement, according to new research, despite evidence suggesting this will provide just a basic standard of living. B&CE, the...
DC schemes have a “once in a lifetime” opportunity to improve member outcomes through smarter deployment of capital, which could also help transform the UK’s economy, while delivering on climate change promises. This...
Little has been left untouched by Russia’s invasion of Ukraine. Add to the growing list the British tax system. Because a U-turn on planned rises to National Insurance rates from April must...
Proposed regulations for Collective Defined Contribution (CDC) schemes could make it difficult for smaller schemes to offer these new pension arrangements, according to Aon. It says the high bar needed for authorisation...
Four out of ten DC schemes are looking to consolidate in the next few years, according to XPS Pensions Group. According to a report by XPS report called ‘2022: the year to...
Aon Wealth has appointed Alison Murray to the new role of head of public sector. In this role, Murray will have oversight of Aon’s services to the Local Government Pension Scheme (LGPS)...
Phoenix Group has for the first time moved into a positive cash flow position, with the purchase of the Standard Life brand and the income from its workplace pensions and bulk annuity...
