Pensions cost the Treasury £48.7 billion in the year ending 2023— an increase of £1.1 billion over the previous year, according to analysis of the latest HMRC data. LCP partner and former...
Axing the winter fuel payment for the majority of pensioners is equivalent to reducing the state pension by 3 per cent, according to analysis by campaigner and former pension minister Baroness Ros...
The Chancellor Rachel Reeves has confirmed that the Labour Government’s first Budget will be on October 30. The announcement came as Reeves scaled back or ditched a number of spending commitments made...
Reforming the taxation of pensions to remove upfront tax relief could net the Treasury up to £20 billion a year, without disadvantaging pension savers over the long term, according to new analysis...
Smart Pension is calling for ministers to prioritise expanding auto enrolment and to speed up the implementation of the pensions dashboard as they look to reform the UK pensions system. These demands...
The industry has welcomed the speed at which the government’s pensions review is being implemented, saying its two-stage approach should lead to faster industry reforms. The pensions minister Emma Reynolds is expected...
Measures contained in the new Pension Schemes Bill are estimated to boost the value of an average earner's DC pension by £11,000 — according to government figures. The Pension Schemes Bill was...
A new pension schemes bill has unexpectedly been included in today’s King’s Speech, which opens the new session of Parliament. This speech sets out the legislative agenda of the new Labour government....
The Pensions and Lifetime Savings Association (PLSA) is calling on the Government to announce a Pensions Bill at the state opening of Parliament tomorrow. PLSA director of policy and advocacy Nigel Peaple...
Pension professionals aren’t usually seen as being natural born rebels, particularly those that have worked in the industry for 40-plus years, have sat on the boards of major providers and chaired government...
