The Bank of England’s monetary policy committee (MPC) has voted by a majority of 7-2 to maintain the interest rate at 0.75%.
This leaves inflation at 1.7% - under the bank's 2% inflation target - with the bank also lowering forecasts for domestic economic growth up to the end of 2022. Seven Investment Management strategist...
Employers will be required to pay a proportion of furloughed staff costs from August, Rishi Sunak has announced today.
Professional Pensions’ expert panel discusses how defined contribution (DC) default strategies will change following the crisis.
The Society of Pension Professionals is looking to make dynamic changes in a bid to stand out from the growing number of trade bodies catering for a dwindling audience.
This week’s top stories included XPS Pensions revealing the best and worst performing fiduciary managers in Q1, while the Pensions and Lifetime Savings Association has published a template to help defined contribution trustees with annual chair’s statements....
Pension savers could see a faster recovery of monies lost during the Covid-19 pandemic by increasing contributions ahead of a market rebound, according to research from PensionBee.