Since pension freedom rules were introduced, 2.4m people have taken a taxable pension payment from their retirement savings before the age of 65, according to HMRC data. These figures do not include...
Regulations to enable unconnected multi-employer schemes to join a collective defined contribution scheme have come into affect as of 31 July, described as a ‘landmark’ development by a former pensions minister. This...
Current housing benefit rules are discouraging private pension saving among older renters, according to new research from the Pensions Policy Institute (PPI). Their latest report looking at the intersection of pension saving...
The Department for Work and Pensions (DWP) published its updated pensions roadmap earlier this month. The consolidation timeline is clear. What is also visible, for anyone looking closely at the detail, is...
Retirement savers are being unfairly targeted by the “hidden costs” of rising administration charges directly linked to the unnecessarily high cost of regulating the industry, according to Tom McPhail, a governor at...
Torsten Bell has been formally reappointed as pensions minister, to serve in the same position in Andy Burnham’s cabinet as he did under previous prime minister Keir Starmer. Bell is considered a...
The take-home pay of low earners would be particularly affected by reducing or removing the ‘lower limit of qualifying earnings’, according to a report by the Institute for Fiscal Studies. The report...
Industry body the Pensions Management Institute has called on a new UK government, led by incoming prime minister Andy Burnham, to place simplicity, stability and savers at the heart of its approach...
Patrick Heath-Lay, CEO for People’s Pension The Commission is right to recognise that the UK's main pensions challenge is improving the adequacy and fairness of the pensions system in the context of...
By early 2027 the UK is set to become the first G7 country to issue a digital sovereign bond, with plans for future issuance to come, according to Chancellor of the Exchequer...
