Retirement fintech platform Freedom has named Damian Stancombe as its chief executive officer. Stancombe was previously a partner at Barnett Waddingham and is the founder of 60 Paydays to Retirement, a financial...
The value of DB transfers have increased for the first time this year according to data from XPS Group. Its transfer value index increased to a month-end value of £141,000 on June,...
The Personal Finance Society (PFS) has launched a £1 million programme aimed at tackling the decline in new entrants to the financial advice profession. The three-year initiative called Pathway to the Profession...
Aviva has launched a new ‘flex first, fix later’ guided retirement solution for its workplace customers. This is initially available to those saving through Aviva’s master trust, with a view to rolling...
Death-in-service benefits from a registered scheme will be excluded from inheritance tax when the government brings pensions into the IHT net in 2027. This was confirmed in details published yesterday, setting out...
An independent report will decide whether the Government should bring forward plans to raise the state pension age to 68. This report will also look at the merits of automatically linking the state pension...
There has been broad industry support for the revived Pension Commission which will seek to make recommendations with the view to improving retirement adequacy. Many providers want to see action taken to...
Baroness Jeannie Drake is to lead a new Pensions Commission, which will seek cross-party and industry consensus on improving pensions adequacy. Alongside this Commission the Government has also launched a state pension...
Now: Pensions has been fined £100,000 by The Pensions Regulator for failing to promptly report system failures, which meant that over 80,000 required communications weren’t sent to savers, impacting their ability to...
Long-term sickness leave is costing UK employers an average of £20,735 per employee, according to new research from MetLife. The figure accounts for a range of hidden and direct costs, including temporary...
