Master Trusts

£2.4 billion was withdrawn from pensions flexibly in Q4 of 2020, a 6 per cent increase year-on-year from £2.2 billion withdrawn throughout the same months in 2019. But the average payment in...

The Investment Consultants Sustainability Working Group (ICSWG) has launched a guide to support trustees to assess their investment consultants on their climate competency. The ICSWG is a collaboration between 17 firms formed in...

Millions of higher rate taxpayers in personal pensions and GPPs who currently fail to collect half their tax relief could see their relief automatically under a rule change floated by the Office...

Trustees of larger occupational pensions and authorised schemes could soon be required to calculate and publish their schemes’ carbon footprint under new government proposals. The Department of Work and Pensions is now...

Six out of 10 pension savers are supportive of the FCA’s new investment pathways according to new research. Legal & General Investment Management in association with NMG Consulting found 70 per cent...

US President Joe Biden has instructed officials to investigate the drafting of executive orders that could reverse a former President Trump law restricting the extent to which pension investors can invest in...

Aegon UK is introducing a 30 per cent ESG portion to its workplace default funds as part of its net zero carbon transition strategy. The provider is partnering with HSBC Global Asset...

The Government has confirmed that it will keep the auto-enrolment earnings threshold at £10,000 and will not remove the lower earnings limit at this stage. It says this represents a real terms...

The Pension Schemes Bill passed through Parliament today but may not come fully into effect until well into 2022, say industry experts. The final Parliamentary stage of the Pension Schemes Bill was...

The FCA will review the advice of 254 firms that gave advice to British Steel pension scheme members, as it reveals figures showing a declining number of transfers taking place and fewer...