SimplyBiz chairman Ken Davy has slammed pension minister Guy Opperman for a ‘backward’ announcement that guaranteed annuity rate (GAR) holders with sub-£30,000 pots will no longer need advice. Davy has attacked the...
A lack of trust in pensions is driving more than half of pots withdrawn through pension freedoms to be moved into other investments, causing individuals to pay extra tax, miss out on...
Self-employed people should be automatically enrolled into a pension, paying 4 per cent of income into a product unless they choose to opt out, the Taylor Review of Modern Working Practices has...
More than 8 million employees have signed up for a workplace pension since the launch of automatic enrolment, but the proportion of employers missing their staging date is soaring, new figures show....
Midlands-based employee benefits consultancy Portus Consulting has been bought by Aon for an undisclosed fee. Portus has around 190 clients, largely across the 50 to 750 employee SME sector, with a strong...
Just Retirement Solutions (JRS) and The Open Market Annuity Service (TOMAS) are merging to create a single at-retirement firm called Hub Financial Solutions, with Graham Jarvis appointed today as its director of...
You don’t have to be a blue chip to benefit from multinational pooling. Expanding UK SMEs and International Middle Market (MMI) companies can also enjoy the benefits of a pooled approach says...
Zurich paid out on over 97 percent of its new group income protection claims last year with employees benefitting from annualised payments averaging £37,900. Announcing its GIP claims rates for the first...
A group of industry bodies have come together with the aim of establishing a set of universally recognised Fit and Proper Protocols to be met by professional trustees. The group forms as...
Matthew Taylor, the man appointed to review modern employment practices, has thrown his support behind a proposal that the self-employed should have 4 per cent of their profits automatically diverted into a...
