One in four pension savers over 55 contributed more than £4,000 to their pensions in 2020/21, fuelling concerns about the potential for ‘mass breaches’ of the Money Purchase Annual Allowance (MPAA) triggering...
The Department of Work and Pensions has appointed Mary Starks to lead a review of the day-to-day running of The Pensions Regulator (TPR). This is in line with expectations that regulators and...
The Bank of England raised interest rates by 0.5 per cent today at its monetary policy meeting. This marks the Bank's tenth straight hike to the base rate, which now stands at...
The financial services group The Investing and Saving Alliance (Tisa) has appointed Labour life peer and former trade unionist Lord Iain McNicol as an advisor to its board. Lord Iain McNicol of...
The Department of Work and Pensions has rejected calls from MPs to draw up a timetable imminently to increase minimum AE pension contributions from both employees and employers. The influential Work and...
The government has proposed a series of 30 regulatory changes for the financial services industry. Several EU regulations are being examined, overturned, and changed. The package is the largest revision of banking...
With the prospect of a Labour government taking power in 2024 or possibly even sooner, the pensions industry should start preparing itself for potential changes in Whitehall. After 12 years out of...
After the mini-crisis of the Truss era, the dust appears to be settling for the DB pension sector as gilt yields moderate. Yet questions remain for the regulator, trustees and investment consultants...
The pensions industry has welcomed the Chancellor’s decision to retain the triple lock, despite pressure to ditch the inflation-linked element to help balance the nation’s finances. Hymans Robertson partner Chris Noon says...
The chancellor Jeremy Hunt has lowered the threshold at which people start paying additional rate tax from £150,000 to £125,000, while also freezing all other income tax thresholds for a further two...
