The UK's main inflation rate fell back towards the 2% target in August after reversing a surprise jump the previous month.
Official data from the Office for National Statistics (ONS) showed the Consumer Prices Index (CPI) inflation rate fell to 2.5% last month, down from 2.6% in July. July's reading caught out many commentators...
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.