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...
The Department of Work & Pension has confirmed that Laura Trott is the new minister for pensions, with responsibility for pensioner benefits including the State Pension, private and occupational pensions, and oversight...
Matt Rodda, Labour’s shadow pensions minister has said he wants to start a dialogue with the industry on how to boost longer term retirement saving In the UK, while addressing key issues...
The government has refused to commit to honouring the triple lock on pensions ahead of the publication of its medium term fiscal plan, now due on 17 November. Last week the then...
There has been no significant increase in the number of people opting out of workplace pensions this year, despite rising living costs. Latest figures from the Department of Work and Pensions show...
The MP Mel Stride has been appointed as the new secretary of state at the Department of Work and Pensions, by Rishi Sunak’s in his first cabinet reshuffle. Stride, the MP for...
