The triple lock on the state pension could be dropped for the second year running after the new chancellor, Jeremy Hunt, refused to commit to increasing this benefit in line with inflation. ...
Hymans Robertson is the latest consultancy firm to criticise draft regulations for defined benefit schemes. It says it is “deeply concerned” about key parts of these proposals, and suggests the Department of...
The Department of Work & Pensions has confirmed that Alex Burghart will be the new minister for pensions and growth. His official title is Parliamentary Under Secretary of State for the Department...
Ten years on from the launch of auto-enrolment and two decades from the Pensions Commission that shaped it, the world of workplace pensions has been transformed. Reducing means testing, raising the state...
The Bank of England has stepped up its bond-buying activity in a move to shore up the financial system and protect pension funds. The Bank has announced it will widen is bond...
New DB regulation, due to come into force next year, could force employers to pay higher sums into these schemes, potentially driving some out of business altogether, according to analysis from LCP....
The pensions industry is calling for a review of pension taxes and allowances as part of the new chancellor’s pledge to simplify the UK tax regime and stimulate growth. The new chancellor...
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...
