Pensions

Legal & General has agreed a £4.8bn full buy-in for the Boots Pension Scheme in what is the UK’s biggest ever single transaction by premium size. The deal secures the benefits of...

Rishi Sunak's 'work from home' drive raises concerns as it may inadvertently overlook the challenges faced by individuals dealing with long-term illnesses. The initiative aims to motivate individuals with health issues, particularly...

Industry experts generally welcome the proposed decrease in the tax charge for sponsoring employers accessing surpluses from their defined benefit (DB) pension schemes, reducing it from 35 per cent to 25 per...

Industry experts have expressed concerns about the readiness and potential drawbacks of the proposed "provider for life" model with some arguing that it could have significant implications. NOW: Pensions CEO Patrick Luthi...

Royal London has acquired equity release lender and broker Responsible Life and Responsible Lending.  A number of insurers are active in the equity release market, which is seen as a counterpoint to...

A Labour Government would be “more inclined” to ensure that investments into unlisted equities and private assets were focused in the UK, according to Labour MP Stephen Timms, a former pension minister...

The British Business Bank said there were active discussions to be had what fees it would charge on its new Growth Fund initiative, which will be used by DC schemes and others...

The Chancellor has confirmed that the State Pension will be fully uprated in line with the triple lock which will see a 8.5 per cent uplift to payments in April next year....

The government has confirmed that a multiple default consolidator model will be used to bring together small pots into a small number of authorised schemes. The Chancellor used the Autumn statement to...

Plans for a lifetime pension, also known as ‘pot for life’ have been unveiled by the Chancellor in his Autumn statement today. Under the plan employees will have the right to pay...