The take-home pay of low earners would be particularly affected by reducing or removing the ‘lower limit of qualifying earnings’, according to a report by the Institute for Fiscal Studies. The report...
Almost half of UK workers are not confident their pension will provide a comfortable retirement. This is according to Penfold’s ‘The UK Pension Gap’ report, which found that 29 per cent trust their...
Rachel Reeves exited her position as Chancellor of the Exchequer as part of incoming prime minister Andy Burham’s shuffled Cabinet, while Torsten Bell and Pat McFadden were kept in their positions as...
Industry body the Pensions Management Institute has called on a new UK government, led by incoming prime minister Andy Burnham, to place simplicity, stability and savers at the heart of its approach...
Tisa has welcomed plans to expand the range of pension transfers that can use the streamlined Condition 1 process but has called for clearer rules on how receiving schemes are classed as...
Average simple pension transfer times remained at 10 days over the year to 30 June 2026, according to the latest figures from the Origo Transfer Index (OTI). Simple transfers, which account for...
Confidence that collective defined contribution (CDC) pension schemes will become widely adopted remains low despite growing political and regulatory support, according to a webinar survey by Sackers. The survey conducted during a...
For decades savers and advisers took it as an article of faith that pensions sat outside the crosshairs of inheritance tax. But from 6 April 2027, this assumption will no longer be...
The popularity of annuities took a nosedive following the introduction of Pension Freedoms in 2015. But like baggy jeans and every boyband from the noughties, they are making a comeback, just not...
Lewis Daley, workplace investment lead, Royal London In DC pensions, scale is no longer a strategic ambition – it’s becoming the price of admission. The proposed Pension Schemes Bill’s £25 billion default...
