The Department of Work and Pension has clarified that payouts from protection policies - including income protection, critical illness or terminal illness policies - will not impact on means-testing for Universal Credit....
The number of people making withdrawals from their pensions has hit a record high, according to the latest HMRC figures. In the third quarter of 2018 there were 585,000 withdrawals made under...
Lifesight, Willis Towers Watson’s DC master trust will allocate around half of its equities into environmental, social and governance investment strategies. It is understood that this is the first master trust to...
In this Budget speech Philip Hammond announced that he would be raising both the personal allowance, and this higher rate tax threshold in April 2019, a year earlier than the Conservative party...
The FCA will lead the consultation on whether rules should be changed to allow defined contribution schemes to invest in new technology and infrastructure assets. This consultation was revealed in the Autumn...
The pensions industry has welcomed the chancellor’s Budget announcement that it is to bring forward the ban on pensions cold-calling. This issue has been under discussion for a number of years. Although...
There was no widespread shake-up of pensions tax relief in the Autumn Budget. There had been rumours that chancellor Philip Hammond may look to introduce a flat-rate of tax relief, but in...
His comments come as 30 of the UK’s largest companies - including HSBC and John Lewis - pledged to tackle climate change in support of the Government's ‘Green Great Britain Week’. To...
The letter - signed by Bupa’s chief executive Alex Perry, Axa PPP’s chief executive Keith Gibbs, Aviva chief executive of global health Mark Noble and Vitality UK chief executive Neville Koopowitz -...
The Financial Conduct Authority and the Pensions Regulator have announced a joint regulatory strategy aimed at improving retirement outcomes for consumers. This will include a wide-ranging strategy review next year, which will...
