Urgent clarification is needed from HMRC on how it intends to view people giving up salary during the COVID-19 crisis, says AJ Bell. New anti-avoidance rules were introduced in 2017 to prevent...
The Covid crash was the test that pension funds didn’t want – at least not yet. It has proved an examination of the pensions sector on so many levels. Most fundamentally it has...
Scottish Widows has temporarily extended its quote guarantee period and changed how it accepts annuity applications, to help support advisers and customers during the coronavirus crisis. The insurer is now allowing double...
Sipp and SSAS software provider Delta Financial Systems has appointed David Zwirn as group sales director to lead a drive into the workplace pensions and platform market. The provider is targeting workplace...
Given the tragic human consequences it may feel wrong to talk about upsides from the COVID-19 epidemic. We will certainly see a huge financial aftershock, but in the long-term current events have...
The speed with which emergency pension measures have been announced is a testament to the severity of the situation, but also reflects a welcome departure from past measures which have often taken...
AllianceBernstein has appoints Omar Rauf as its new UK retail sales director. In this role Rauf will be responsible for servicing and expanding AB’s relationship with the wholesale market in the UK....
More than 500 companies are expected to delay tackling pension deficits in the wake of the Covid crisis. New analysis by consultants Lane Clark & Peacock (LCP) says the total payments now...
Aviva is freezing senior executive pay increases and bonuses as it prioritises dividends to ordinary shareholders. The provider says executive directors and the Aviva leadership team will not receive bonuses for 2020...
Deficits in DB pensions schemes have increased by a further £10bn since the start of the Covid-19 lockdown. Official figures from the Pension Protection Fund show the total deficit of the UK’s...
