The man traded cover equivalent to four times salary for three extra days holiday. He died eight months after the new scheme was introduced. Aspira managing director Derek Miles, who came across...
The FSCP wants a default annuities service to have a public service obligation similar to Nest’s, requiring it to accept all annuitants, irrespective of their pot size and financial capability. Employers and...
As a result the influx of new schemes has driven AUA on the Legal & General WorkSave platform to £7.9bn at the end of Q3 2013, up 49 per cent on the...
The research, which looks at both lifestyle funds and target date funds, highlights glide paths for default funds are utilising longer, shallower glide paths, with increased equity holdings at retirement becoming increasingly...
The provider says the extension, for which it and the ABI lobbied, could drive product development towards structures that would allow employees to still enjoy the benefit-in-kind tax exemption. The Autumn Statement...
The tax break of £500 that was to have been given to employers using the new Health and Work Service will be extended to those recommended by employer-arranged occupational health services, the...
The Chancellor says this, along with action this government has already taken on the state pension age, could save around £500 billion from pension expenditure over the next 50 years. The Government...
The formula Proportion of adult life spent in receipt of State Pension = (Life expectancy at SPa) / (Life expectancy at SPa + SPa – adult life starting age) The Department for...
Osborne is believed to be planning to increase SPA to rise to 70 for people in their twenties, with a rise to 69 in the late 2040s. JLT Employee Benefits chief executive...
The online packaged solution, called ‘Good to go’, is available now and offers the ability to set up a new qualifying pension scheme in six minutes, online support to help advisers and...
