Same-sex partners win pensions equality battle
Same-sex partners can no longer be paid less from pension funds saved by their partner, the Supreme Court has decided today. The Supreme Court unanimously ruled that the husband of 66-year-old John...
Pensions
Rees-Mogg and other TSC chairman contenders’ interests beyond Parliament
MPs are expected to decide today who will take over the influential role of chairman of the Treasury Select Committee, prompting transparency campaigners to highlight the need for completely independent oversight of...
Davy attacks Opperman’s ‘backward’ £25k consumer detriment move
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...
FCA identifies 5 concerns over retirement income market
A lack of trust in pensions is driving more than half of pots withdrawn through pension freedoms to be moved into other investments, causing individuals to pay extra tax, miss out on...
Taylor Review calls for AE for the self-employed
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...
AE hits 8m but late stager numbers soar
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....
Aon buys Portus Consulting
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...
Tomas/Just merger gets new distribution director
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...
Damian Ross: More opportunities in pooling than you might think
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 publishes GIP claims stats – 97pc paid
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...
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