Politics

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...

The new chancellor Kwasi Kwarteng will deliver a ‘mini Budget’ next Friday (23 September) according to reports. This ‘fiscal event’ is expected to announce a range of tax cutting measures, promised by...

When new ministers are appointed there is a risk that they simply roll forward everything that their predecessors had set in train.  But change of leadership offers a good opportunity to reassess...

The pensions industry has urged caution over proposed plans merge a number of financial regulators into one ‘mega-regulator’.  These plans were initially proposed on the campaign trail by Liz Truss. Now she...

Liz Truss, now confirmed as the UK’s next prime minister, faces a growing number of savings and pension challenges amid a spiralling cost-of-living crisis. During the leadership campaign Truss has committed to...