Budget bonus for DB schemes
Increased government borrowing, confirmed in today’s ‘mini’ budget, could have a positive impact on DB schemes according to consultants LCP. This is likely to drive up long-term interest rates and reduce deficits...
Increased government borrowing, confirmed in today’s ‘mini’ budget, could have a positive impact on DB schemes according to consultants LCP. This is likely to drive up long-term interest rates and reduce deficits...
The new chancellor Kwasi Kwarteng reformed the pension charge cap in his inaugural ‘mini’ Budget, to encourage pension schemes to invest in infrastructure assets and less liquid private markets. Announcing plans to...
Alex Burghart has been appointed as the parliamentary under secretary of state in the Department of Work and Pensions. It is expected he will take on the role of the new pensions...
The new chancellor Kwasi Kwarteng will deliver a ‘mini Budget’ next Friday (23 September) according to reports. This ‘fiscal event’ is expected to announce a range of tax cutting measures, promised by...
When new ministers are appointed there is a risk that they simply roll forward everything that their predecessors had set in train. But change of leadership offers a good opportunity to reassess...
The pensions industry has urged caution over proposed plans merge a number of financial regulators into one ‘mega-regulator’. These plans were initially proposed on the campaign trail by Liz Truss. Now she...
Liz Truss, now confirmed as the UK’s next prime minister, faces a growing number of savings and pension challenges amid a spiralling cost-of-living crisis. During the leadership campaign Truss has committed to...
Inflation targets keep on inflating with Goldman Sachs now warning prices in the UK will be rising at 22.4 per cent next year. This latest forecast comes after US investment bank Citi...
The new Prime Minister will be announced next week. The biggest question is what support will be offered to households and businesses facing often catastrophic increases in energy bills. However, both candidates...
Workplace savings provider Cushon is calling for a reduction in the withdrawal charges imposed on Lifetime Isas (Lisa), to support UK savers during the cost-of-living crisis. These calls are backed by Michael...