Politics

The Chancellor has confirmed that the pension lifetime allowance (LTA) will stay at its current level of £1.073m until 2026. This announcement came, as Rishi Sunak confirmed that a number of tax...

The decision by the Chancellor to extend furlough pay until September is good news for workplace pension and will help protect people’s longer-term savings. The pension industry has welcomed this decision, which...

Pension schemes are being offered a new fund service which allows trustees to set their own voting preferences. This service, launched by AMX and asset manager DWS, in conjunction with Minerva Analytics...

Trustees of larger occupational pensions and authorised schemes could soon be required to calculate and publish their schemes’ carbon footprint under new government proposals. The Department of Work and Pensions is now...

The Resolution Foundation has called for a the creation of a ‘living pension’ to help savers understand what they need for an adequate standard of living in retirement. The concept is modelled...

Hymans Robertson has announced ambitious new targets to reduce carbon emissions and ensure the company is net carbon zero from 2021. The pensions consultancy firm also announced a five year pledge: to...

Millions of people risk running out of money in retirement as a result of pension freedoms according to new research.  An ongoing study undertaken by The People’s Pension and asset manager State...

The pensions minister has confirmed sweeping the new regulatory powers which can compel companies or individual to make additional pension contributions will not be applied retrospectively. This powers have been awarded to...

The Government has announced a major expansion of its dormant assets scheme in a bid to boost economic recovery as a result of the coronavirus pandemic.  This expansion will help communities unlock...

Hymans Robertson predicts it will be another “jam-packed” year for the DC pensions market, with a renewed focus on responsible investment and ESG strategies.  Head of DC consulting Mark Jaffray says: “In...