Employment relations minister Jo Swinson has praised employers for introducing enhanced parental packages and pledged to work alongside trade unions to increase shared parental leave take-up.
Responding to figures produced by the Trades Union Congress (TUC) that 40% of fathers are excluded from shared parental leave; Swinson noted that this legislation was hopefully the start of a culture shift....
This week's edition of Professional Pensions is out now
MPs failed to place legislation into the Financial Guidance and Claims bill that would have made pension guidance default, which Just Group director Stephen Lowe said left a "bitter taste".
Aegon has called for the government to double the tax exemption on employer-arranged pension advice, up from £500 to £1,000.
Institutional investor confidence in Europe rose by 8.9 points in April with each region showing growing appetite for risk, according to State Street Global Exchange.