PROPOSED anti-avoidance powers will act as a deterrent to investment and could increase risk to scheme members, the British Private Equity and Venture Capital Association warns.
The trade body’s response to the government’s consultation on extending The Pensions Regulator’s powers said the proposals had already stopped three separate UK based private equity deals – and said further...
The Centre for Social Justice is calling for the state pension age to be raised to 70 by 2028 and to 75 by 2035, a much faster rise than currently planned.
The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies".
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.