Single pensioner poverty rising: DWP
The percentage of single pensioners in low resources increased by 1 per cent to 18 per cent, while the percentage of pensioner couples remained steady at 11 per cent, according to the...
The percentage of single pensioners in low resources increased by 1 per cent to 18 per cent, while the percentage of pensioner couples remained steady at 11 per cent, according to the...
Financial confidence is growing among UK workers, with 69 per cent now feeling financially resilient even though nearly half still lack key protection products, according to LV=. LV=’s latest Reaching Resilience report...
Nearly 4 in 10 or 37 per cent agree with the rollback of some EDI measures in the UK following Trump signing executive orders for government agencies to cease EDI programmes, according...
HMRC is overhauling its pension tax system, which has overtaxed pensioners by £1.3 billion since 2015, by switching from 'emergency tax codes' to regular ones starting in April 2025. These codes have...
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...