Pensions

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...

By December this year more than 9 million Britons had to borrow more than they normally do while at the same time credit card balances actually fell by 14.7 per cent in...

Mercer has appointed Ashok Gupta, the former chair of AA Insurance Services and Skandia UK and a founding director of the Phoenix Group as chair of its UK board. He replaces Jane Barker,...

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...

Just 1 per cent of DB transfers end up being moved to workplace pensions, despite the FCA now requiring advisers to benchmark funds’ proposed destination against a low-cost workplace pension option. The...

Cushon has launched what it describes as the world’s first net zero pension, using carbon offsetting to offset what it calculates are 23 tonnes a year of CO2 generated by the typical...

Colin Williams is leaving his role as Aviva's MD of workplace savings & retirement and financial advice to join Phoenix in a move that sees him reunited with former Aviva colleagues Andy...

Aon is collaborating with Moneyhub for the development of its financial wellbeing app ‘Well One Money' that claims to save employees an average of £850 a year. Aon is using Moneyhub’s Open...

The industry has responded with ‘disappointment’ at The Pensions Regulator’s (TPR) an interim response to its first defined benefit (DB) funding code consultation, which one consultant says is ‘light on detail’. The response...