L&G Mastertrust passes £30bn milestone
The L&G Mastertrust has reached £30bn of assets under management, becoming the first commercial master trust in the UK to pass this milestone. This exceeds the proposed £25bn minimum size of workplace...
The L&G Mastertrust has reached £30bn of assets under management, becoming the first commercial master trust in the UK to pass this milestone. This exceeds the proposed £25bn minimum size of workplace...
Providers and consultants have urged the government to focus on value for money metrics, rather than asset size when driving consolidation in the DC market. These responses suggest that the industry is...
The influential Treasury Committee has launched a review of Lifetime Isas to see is they remain fit for purpose when it comes to helping people buy their first home and save for...
UK businesses, particularly SMEs, will be grappling with significant economic challenges next year, as a result of Rachel Reeves' first Budget. Many will see finances under pressure from both the increase to...
The Government has confirmed it will not pay compensation to the 3.6m 'Waspi' women born in the 1950s who claim they were given insufficient warning about increases to their state pension age....
The Chancellor is understood to have delayed the second phase of the pensions review, which was looking at retirement adequacy. The Financial Times reported that Rachel Reeves was concerned this would result...
As the demand for climate-conscious investment strategies intensifies, traditional interpretations of fiduciary duty are coming under scrutiny. Trustees are facing the challenge of balancing long-term financial performance with the urgent need to...
Former pensions minister Guy Opperman is joining Smart as a senior adviser. This will be an international role, with a focus on Smart’s proprietary retirement technology platform Keystone. Smart says global demand...
In a damning report the Financial Conduct Authority (FCA) has been labelled “incompetent at best, dishonest at worst” by MPs from across both Houses of Parliament. The 350-page report accused the UK’s...
Former pensions minister and LCP partner Steve Webb has labelled the recent Budget a catastrophe for auto-enrolment by blocking the next step towards increasing contributions. Webb was speaking at the Corporate Adviser...