News

This afternoon the government will unveil its long-awaited state pension white paper, revealing decisions on the future of contracting out and increasing the state pension age in line with life expectancy.

The new flat-rate state pension, set at about £144 a week and starting in April 2017, is set to be confirmed later today (Monday).

The ‘no change' announcement by the Office for National Statistics has added £20bn to FTSE100 deficits as gilt market expectations for inflation increased.

A group of 14 insurers have signed up to an agreement on charge disclosure drawn up by the Association of British Insurers.

Former tax boss Andrew Meeson played a leading role in a "blatant" £5m pension tax relief scam, a court heard.

The Bank of England's Monetary Policy Committee has again voted against an extension of its quantitative easing programme.

Consultant Towers Watson has been granted a license to use ITM's data analytics software eDAaRT.

Industry figures have cautiously welcomed the publication of new guidance for trust-based defined contribution schemes from The Pensions Regulator, but expressed disappointment that it does not focus on contract-based schemes.

Former tax boss Andrew Meeson and his business associates pocketed £5m in a "very simple and very lucrative scam" by claiming tax relief on fictitious pension contributions, a court heard.

After consulting on options for changing Retail Prices Index, the Office for National Statistics has chosen 'none of the above' and proposed a new index to be published in parallel.