HMRC and the Financial Conduct Authority have issued co-ordinated statements clarifying that 30-day ‘cooling off’ cancellation rules may not apply to savers taking tax-free cash from pensions. This comes amid speculation that...
The Pensions Regulator’s chief executive Nausicaa Delfas has been appointed as a non-executive director of The Centre for Finance, Innovation and Technology (CFIT). CFIT seeks to unlock the barriers to growth in...
Standard Life has unveiled details of its new private assets default strategy, which aims to launch in the first quarter of next year. This ‘Future Opportunities’ default will run alongside its existing...
Seven in 10 SME leaders are now using AI tools like ChatGPT to shape their employee benefits strategies, according to independent insurance broker Lockton. According to its report, 'From Gut-Feel to Data-Driven:...
The Pension Protection Fund (PPF) has confirmed it will charge no levy for 2025/26, saving 5,000 UK defined benefit (DB) schemes and their sponsoring employers £45m. The change follows the Pension Schemes...
Budget anticipation is building, with rumours about changes to the 25 per cent tax-free lump sum available to most savers when accessing their pension. Royal London has already started to see a...
The proportion of people seeking advice before accessing their pension for the first time has fallen again, according to the latest data from the Financial Conduct Authority. These figures show that of...
NatWest Group has instructed advisers to push the sale of NatWest Cushon, the company in which it holds an 85 per cent stake, according to media reports. Sky News has cited ‘City...
Hybrid working appears to produce happier workforces, with a better life-work balance according to new research by Health Shield Friendly. This Britain At Work report found that 74 per cent of hybrid...
Leading industry players are launching the first ‘national annuity day’ to raise awareness about these retirement products. The campaign has been launched by Pension Potential, part of the Punter Southall Group and...
