Pensions

The cost of pension tax relief has gone up from £36.9bn in 2017/18 to £41.3bn in 2019/20, an increase of 12 per cent in two years, according to estimates published by HMRC...

Aviva has completed the sale of its French business to Aéma Groupe for a £2.8 bn (€3.2 bn) cash consideration offer. Aviva plans to focus on its businesses in the UK, Ireland...

Annuity customers could miss out on an extra £7,000 per £100,000 pot during retirement by not shopping around for better products and rates says the Pensions Policy Institute (PPI). A PPI report...

The Government should continue to support the development of green gilts to mitigate the risk of a green asset bubble as big-scale investors move assets to net-zero strategies, says an influential committee...

Nearly two thirds - 64 per cent - of furloughed workers received non-financial support from their employer, according to research from Canada Life. As the government’s job retention scheme ends today, research...

The Pensions Regulator (TPR) has outlined guidance on its new criminal sanctions policy which will come into force on October 1. Employers who fall foul of these new regulations and attempt to...

Mental ill health is expected to rise following the end of the government’s furlough scheme tomorrow, according to predictions from AIG Life. The insurer says the end of the job retention scheme...

There is growing discontent among advisers and consultants about falling provider services standards.  A number of advisers have told Corporate Adviser about increased delays in getting quotation and problems with administration in...

Independent healthcare trust provider Healix Health Services has partnered with ESG employee benefits consultancy Amba, to create an multi-employer trust for its clients as an alternative to private medical insurance. Lumina Health,...

The GMP Equalisation Working Group has published further guidance on how schemes can communicate the complex subject of GMP equalisation to members. This latest guidance particularly focuses on the implementation of these...