The Association of Consulting Actuaries (ACA) has called for major changes to inheritance tax rules, proposing a separate pension inheritance tax and arguing that the proposed six-month IHT deadline is "unworkable". In...
President Trump has confirmed the US will withdraw from the Paris agreement on climate change, one of his first in office. One of his first acts as returning president was signing an...
The L&G Mastertrust has reached £30bn of assets under management, becoming the first commercial master trust in the UK to pass this milestone. This exceeds the proposed £25bn minimum size of workplace...
Investment bonds are emerging as a key tool in financial planning to address pension and inheritance tax changes. Pensions will count as part of a person’s estate for inheritance tax (IHT) starting...
Broadstone says it is supportive of the government’s aim to include pensions with inheritance tax, in order to ensure they are primarily used to generate income in retirement, rather than as a...
Royal London has appointed Isabel Hudson as a non-executive director and chair of The Royal London Mutual Insurance Society Limited. Lynne Peacock, who is the current interim chair, will step down from...
SPP is leading the criticism of the pension investment review objectives, with the industry responding to Government proposals aimed at boosting UK investments through pension fund consolidation. Many raise concerns over the...
The People’s Pension has confirmed it is targeting a £4bn investment into private markets by 2030, with a substantial weighting to UK assets. In order to facilitate this the company says it...
Mandating a specific consolidation threshold, such as £25bn, may stifle innovation in the defined contribution (DC) space says Hyman Robertson head of DC markets Paul Waters. In response to the government consultation titled...
One if five pension savers who withdrew a cash lump sum from their pension did so as soon as they turned 55. The figures from Legal & General, show that a significant...
