Pension withdrawals incurred a record £167m of emergency tax payments to HMRC in 2019/20, up from just over £90m in 2015/16, according to figures released today. HMRC data published today shows £166,619,969...
More than £35bn has been withdrawn from pensions since freedoms were in 2015 with £2.5bn withdrawn in Q1 2020, up 19 per cent on the same period last year. The £2.5bn represents...
PROVIDER CONTENT Should default funds consider ESG factors or is offering a broad range of self-select funds sufficient? Many ESG factors are relevant to the financial performance of the fund so it...
PROVIDER CONTENT At Scottish Widows, we recognise that environmental, social and governance factors such as climate change are some of the biggest issues facing society today. As part of Lloyds Banking Group,...
Pension schemes are being urged to send DB members looking to transfer a Covid-19 transfer warning letter highlighting the risks of doing so during the pandemic, following new guidance from the regulator...
Scottish Widows has appointed Stuart Reid to a newly-created role of head of business development, to lead growth in its contract based and master trust schemes. He joins the insurer on 1st...
Tom McPhail, arguably the most high-profile pensions pundit of the last 20 years and one of the sector’s most influential lobbyists, is leaving Hargreaves Lansdown to work for a cycling and e-bike...
Gilt prices have risen sharply in recent months, on the back of volatile stock markets. One beneficiary of this has been those pension savers are still in schemes that are targeting an annuity...
There is a huge communications challenge for the pension industry, according to leading pension campaigner, Baroness Ros Altmann, in the wake of one of the most dramatic short-term market corrections in recent...
In an industry full of buzz words, there is one which crops up more often than most – consolidation. In reality, pensions have been consolidating over the last decade, an evolution largely...
