McClymont’s role encompasses defined contribution pensions strategy, research and implementation - with an emphasis on retirement savings. McClymont was Labour MP for Cumbernauld, Kilsyth and Kirkintilloch East between 2010 and 2015, but...
Duncan Smith told the Sunday Telegraph that he wanted to see new products developed that would enable people to access money when they were sick, unemployed or in need of care. The...
Boulding is currently pensions strategy director at Legal and General, where he has spent 35 years, and was one of three independent reviewers tasked with examining and improving auto enrolment for the Department for...
The timing of the event was significant, given that the new pension freedoms announced by the chancellor in March 2014 had just become fully available to many pension savers in the UK....
This was not mentioned in the Budget speech itself, but the following paragraph does appear in the supporting HM Treasury Summer Budget 2015 document: “Salary sacrifice arrangement can allow some employees and...
Of those that intend to pay more than the minimum, 17 per cent say they plan to pay more than the minimum from the outset with a further 13 per cent stating...
A survey of 158 intermediaries by Corporate Adviser Intelligence shows on average, advisers think drawdown is suitable for 47.5 per cent of employees in schemes they oversee, but 73.8 per cent are...
Sanlam UK says the increase in IPT from 6 per cent to 9.5 per cent announced today will present challenges to employers already grappling with steep medical inflation, potentially leading to restrictions...
Papers published with today’s Budget confirm that employer and employee pension contributions will also be included when assessing eligibility for tax relief, meaning those earning less than £150,000 will also be affected....
The reforms had been expected to take effect from April 2016. The Treasury has also confirmed that Pension Wise will be made available to all those over the age of 50. Partnership...
