Only one in three UK pension schemes using fiduciary management currently has independent oversight in place, despite pressure from regulators to introduce this. Both the Pensions Regulators and the Competition & Markets...
Legal & General (L&G) has rejoined the Association of British Insurers (ABI), the UK trade body for the insurance and long‑term savings industry. The company returns after leaving in August 2014, when...
Around 800,000 higher earners are failing to claim pension tax relief they are entitled to with the annual cost running to more than £1bn. According to Freedom of Information data obtained by...
The Government has denied compensation for Women Against State Pension Inequality (WASPI) women for a second time, with secretary of state for Work and Pensions Pat McFadden telling Parliament that the majority...
A coalition of financial services firms has launched Billions 4 Millions, a campaign aiming to reunite UK consumers with lost, forgotten or unclaimed assets. The initiative is led by Gretel, a platform...
HMRC has confirmed it will scrap the retirement savings element as well as removing the need for a withdrawal charge from the Lifetime ISA, with its proposed replacement now designed to support...
L&G has appointed Tim Morris and Philipp Westermann, previously co-managing partners of Proprium Capital Partners (Proprium), as global co-heads of real assets. According to L&G, the appointments strengthen L&G’s asset management leadership...
People’s Pension has passed a major milestone, having reached £40bn of assets under management. It has grown from £30bn to £40bn in just 14 months, and says this trajectory puts it on...
Employers are increasingly turning to workplace healthcare benefits amid NHS pressure, with almost a third of those without private medical insurance considering introducing cover within the next three years, according to Broadstone’s...
Nest has partnered Rothesay, to design a new lifetime income option for members in retirement, combining a bulk annuity with a managed investment approach. This new approach will be a market first...
