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Finance Bill LTA provisions a 'rushed job' ahead of April

Finance Bill lifetime allowance (LTA) provisions are a “rushed job” that will lead to “challenging” timescales for administrators and a “patch and mend job” through regulations ahead of the new tax year, industry figures say.

Clark-peacock , David-everett , Finance-bill , Royal-assent , Pensions ,

Industry welcomes DWP focus on DB surplus

The industry has welcomed the Department for Work and Pensions’ (DWP) focus on enabling defined benefit (DB) surplus extraction and a public sector consolidator following its consultation.

United-kingdom , Katherine-easter , Laura-mclaren , Hymans-robertson , Clark-peacock , Steve-webb , Pension-protection-fund , Protection-fund , Dwp , Pf , Urplus , Atherine-easter

FRC updates on UK Stewardship Code signatories

The Financial Reporting Council (FRC) has issued the latest update to the signatories list of the UK Stewardship Code.

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FRC announces successful signatories to UK Stewardship Code

The UK’s Financial Reporting Council (FRC) has announced the successful signatories to the UK Stewardship Code following the latest round of applications.

United-kingdom , Cambridge , Cambridgeshire , Clwyd , United-kingdom-general- , Pyrford , Surrey , Lothian , Midlothian , Ashmore , Dorset , London-borough-of-lambeth

Why am I being asked intrusive questions about moving my pension?

I have changed companies and want to move my pension - but my old provider wants signed declarations about my pension plans and to know if it's high risk, as well as photo ID.

Clark-peacock , Steve-webb , Department-of-work , Pension-safeguarding-guidance- , Lane-clark , Contracted-out-pension , Dailymail , Money , Moneypensions ,

Risk transfer volumes reach record levels in 2023

The UK pension risk transfer (PRT) market saw record volumes in 2023 while volumes in the United States were the second largest on record, Legal & General research shows.

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DWP releases New and Basic State Pension weekly payment rates due to start in April

DWP releases New and Basic State Pension weekly payment rates due to start in April
walesonline.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from walesonline.co.uk Daily Mail and Mail on Sunday newspapers.

United-kingdom , Jeremy-hunt , Clark-peacock , Department-for-work , National-insurance , Basic-state-pension , New-state-pension , Daily-record , State-pension , Triple-lock , Price-index , Autumn-statement

Retirees flock to buy annuities as sales hit highest level since 2014

The pension freedoms, which came into force from 2015, gave over-55s a range of options over how to use their defined contribution (DC) pension pot.

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New and Basic State Pension pay rates from April will see older people get up to £221 each week

New and Basic State Pension pay rates from April will see older people get up to £221 each week
dailyrecord.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyrecord.co.uk Daily Mail and Mail on Sunday newspapers.

United-kingdom , Jeremy-hunt , Clark-peacock , National-insurance , Department-for-work , Basic-state-pension , Chancellor-jeremy-hunt , New-state-pension , State-pension , Triple-lock , Price-index , Autumn-statement

CMI consults on update to projections model

The Continuous Mortality Investigation (CMI) has released a consultation on its annual update to its life expectancy model, ‘CMI_2023’.

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