The Budget was a bit of a mixed-bag when it came to personal finance. ISA limits were increased - surely a good thing - but pensions tax relief restrictions were retained in their current complex form, additional complexity that could well deter people from saving in the future.
Yet, one announcement hidden away in today's budget could have a bigger effect than most - that financial skills will be assessed as part of GCSE maths from this year. Financial capability has been...
This week’s top stories included the launch of Punter Southall’s defined benefit scheme consolidator, while The Pensions Regulator laid down three ‘gateway principles’ for superfund transfers.
Escalating standards for sole trustees will become a norm for reputable firms, even if they are voluntary, says Nigel Hill.
Sole trustees will be expected to assess whether to report to The Pensions Regulator (TPR) if they are removed, or resign, from an appointment because of sponsor’s actions.
Overall mortality remains in line with pre-coronavirus trends despite a recent increase in Covid-19 related deaths, according to the Continuous Mortality Investigation (CMI).
Aon has been re-appointed by the £400m ITN Pension Scheme to provide fiduciary management services.