HMRC has confirmed it will scrap the retirement savings element as well as removing the need for a withdrawal charge from the Lifetime ISA, with its proposed replacement now designed to support...
L&G has appointed Tim Morris and Philipp Westermann, previously co-managing partners of Proprium Capital Partners (Proprium), as global co-heads of real assets. According to L&G, the appointments strengthen L&G’s asset management leadership...
People’s Pension has passed a major milestone, having reached £40bn of assets under management. It has grown from £30bn to £40bn in just 14 months, and says this trajectory puts it on...
Employers are increasingly turning to workplace healthcare benefits amid NHS pressure, with almost a third of those without private medical insurance considering introducing cover within the next three years, according to Broadstone’s...
Nest has partnered Rothesay, to design a new lifetime income option for members in retirement, combining a bulk annuity with a managed investment approach. This new approach will be a market first...
Barnett Waddingham has appointed Lucy Cresswell to the role of head of pensions governance and secretariat. Cresswell joined in 2019 and brings 25 years of experience working with a variety of pension...
Royal London Asset Management has its reaffirmed its members of the membership of the Net Zero Asset Managers initiative (NZAM). The organisation recently revised its framework, after a number of large US...
Opinion is divided on the state of the group critical illness (GCI) market. While some point to low penetration and employer pressures as signs it will stall, others believe the time is...
The Financial Conduct Authority will review how advanced AI could reshape the financial service sector and impact consumers. The review, will be led by Sheldon Mills and builds on the FCA’s existing...
U.S. President Donald Trump has expressed reservations about a proposal from advisers, particularly National Economic Council director Kevin Hassett, to allow Americans to use 401(k) retirement savings for a home down payment....
