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...
Chloe Smith is no longer the Secretary of State at the Department of Work & Pensions. This move comes as the new prime minister Rishi Sunak starts his cabinet reshuffle. Smith, was...
The influential Work and Pensions Select Committee will conduct an inquiry into the use of ‘liability driven investments' (LDIs) in the pension market. It says it wants to understand what lessons can...
Broadstone has become the latest pension consultancy firm to express concern about the new DB funding code, being proposed by the Department of Work & Pensions. In response to the DWP consultation,...
