ISA sales nearly quadrupled in 2021, from 389,674 to 769,247, as "accidental" lockdown savers transferred money into tax-efficient vehicles, according to the FCA. New FCA figures also show that SIPP sales increased...
The employee benefits sector has strengthened significantly in the wake of the Covid pandemic. The health and wellbeing of staff has now moved towards the top of many employers’ agenda, with the...
The UK's retirement income crisis is expected to get worse as a result of stagnant wages and growing living expenses; the typical worker in their 30s can expect to see a reduction...
The rate of workers who opted out of saving in the financial year 2021 to 2022 dropped during the lockdown. The overall rate of "stopping saving" increased in the fiscal year 2021–2022,...
The outgoing FCA chairman Charles Randell recently alluded to policymakers’ failure to protect individuals from the risks inherent in pension freedoms, and the lack of policy coordination within the Treasury, in one...
Deforestation is a bigger concern for many pension savers than climate change, and a significant number want schemes to be doing more to tackle this issue. Research among pension savers aged 40...
Partners& has appointed Steve Herbert as its wellbeing and benefits director. Herbert is an expert on pensions, health benefits, and employee benefits and is a regular commentator on these topics. He joins...
The Joint Forum on Actuarial Regulation (JFAR) has published a report on understanding the science of climate change. The report, a collaboration between regulatory agencies with an interest in actuarial work (FRC, IFoA,...
The Financial Technology Research Centre has appointed Martin McKenna to help support its future business growth. McKenna has worked in the financial services sector for 30 years. Most recently he was head...
The Department of Work and Pensions has published a new consultation on two issues relating to the pensions dashboards. These cover the way in which the ‘go-live’ date will be announced, alongside...
