News

The Pension Protection Fund (PPF) has today (Thursday) launched a consultation outlining how it intends to develop the Pension Protection Levy for the next three year period, or triennium, starting...
When the state pension was first introduced in 1908 for those reaching 70, only a few people lived much beyond that age, yet today’s average life expectancy is over 80. With this in mind, the...
The new Lifetime ISA (LISA) will be available from April 2017 for individuals under the age of 40, which can be used for buying a first home or for retirement. The introduction of the LISA has raised...
Full year 2016 volumes for pension buyins and buyouts (also known as bulk annuities) by UK pension plans totalled £10.2bn, according to LCP. This includes the £1.2bn buyin by Phoenix Life with its...
The government has published its response to its November consultation on Guaranteed Minimum Pension (GMP) equalisation and other contracting-out issues. Willis Towers Watson welcomes some of the...
Up to half a million low paid workers will soon be at risk of missing out on tax relief on their workplace pension contributions according to a Royal London estimate. The figures are based on a...
One million defined benefit members are likely to explore their options over the next 10-20 years, writes John Hatchett, Hymans Robertson
Philip Hammond’s March 2017 Budget was short of spectacular announcements: pensions tax relief was left alone for now as were limits on the lifetime allowance, annual allowance and the tapering...
Applications for the government’s State Pension top up scheme close on 5 April 2017. It is a government scheme that allows you to boost your retirement income by between £1 and £25 a week in exchange...
The Pensions and Lifetime Savings Association has published the second report by its Defined Benefit (DB) Taskforce, ‘The Case for Consolidation. The report outlines how...