Govt rakes in record amount from IPT
The government has collected a record amount from from insurance premium tax, with total receipts already surpassing those from last year, with one more month of the financial year to go. Data...
The government has collected a record amount from from insurance premium tax, with total receipts already surpassing those from last year, with one more month of the financial year to go. Data...
Government plans to close under-performing schemes could backfire and lead to poorer returns for everyone, according to some industry professionals. While many said action needs to be taken against poor value schemes, there...
The Department for Work & Pensions (DWP) consultation on its ‘pot for life’ proposals closed in January, eliciting strong industry debate from those in favour and those against. Beyond the theorising, however,...
Do we need to consider the UK’s housing and pensions strategies together? The pattern of home ownership appears to be changing in the UK, with a growing number of retired renters. But could...
This was a difficult Budget and I hope it provides the kind of boost for growth that Britain really needs, both now and for the future. The Chancellor has some good news for...
The planned enhancements to auto-enrolment appear to have been further delayed, with the Chancellor failing to set out a timetable for reform. In the accompanying Budget documents and speech there was no...
Chancellor Jeremy Hunt did not make any changes to the Lifetime Isa in today’s Budget speech, despite launching a new British Isa to encourage investment into the UK. There had been calls...
Pension pot-for-life Our main concern is that this is being rushed out the door. Far greater consideration and consultation with industry is needed to ensure that no saver in Britain is left...
Chancellor Jeremy Hunt confirmed that DC pension schemes will be required to disclose their UK and International investments and warned that ‘further steps’ may be necessary to boost further domestic investment. In...
The UK pensions industry has expressed concerns about elements of new government proposals to reform the DC pensions market. At the weekend Chancellor Jeremy Hunt unveiled plans to boost disclosure requirements, forcing...