Pension pot-for-life Our main concern is that this is being rushed out the door. Far greater consideration and consultation with industry is needed to ensure that no saver in Britain is left...
Chancellor Jeremy Hunt confirmed that DC pension schemes will be required to disclose their UK and International investments and warned that ‘further steps’ may be necessary to boost further domestic investment. In...
The UK pensions industry has expressed concerns about elements of new government proposals to reform the DC pensions market. At the weekend Chancellor Jeremy Hunt unveiled plans to boost disclosure requirements, forcing...
Pension companies are warning that proposals to cut national insurance in next week’s Spring Budget could impact pension savings, particularly those made through workplace salary sacrifice schemes. There has been widespread speculation...
The Pensions Policy Institute has warned that the adoption of a lifetime provider model - or pot for life - is likely to be be costly for schemes and employers, and could...
Two of the biggest pension bodies are jointly calling for government action to enhance retirement adequacy while boosting pension investment into the UK economy, to help stimulate growth. In a joint statement...
The chancellor Jeremy Hunt is poised to cut the early access penalties on Lifetime Isas (Lisas) in the forthcoming budget, according to media reports. PoliticoEU reported that the chancellor is considering cutting...
For yet another winter, Britain faces the prospect of only a partially operating health service at the most critical time of year. The issue – as usual – is pay. But might pensions...
Between the Mansion House reforms of early summer and the recent Autumn Statement, a consultation about small pots became big box office. There were ministerial speeches and newspaper briefings extolling the benefits...
There was support for the government’s controversial ‘pot for life’ proposals from Hargreaves Lansdown — who claims this could address the problem of lost pensions, particularly among a more mobile workforce. The...
