News

Government could pocket £100bn from pensioners in proposed RPI changes

Inflation falls to 6.7pc

The Consumer Prices Index (CPI) fell to 6.7 per cent in the 12 months to August 2023, down from 6.8 per cent in July, according to The Office of National Statistics. Food...

Employer pension contributions down by 5pc as deficit reduction contributions fall

GMP help for DB schemes

Trustees of DB schemes will now have free access to range of communication tools regarding GMP equalisations. This communication toolkit has been put together by a consortium of some of the UK’s...

Insurers give “cautious welcome” to calls for pension tax relief reform

Advisers want ‘certainty’ around pensions taxation

Advisers want certainty on pensions taxation, and this is seen as more of a political priority than recent consultants on range of retirement issues: from eradicating small pots, improving support for retirement...

Grid sets up lobbying committee after being overlooked

AE extension bill passes through Lords

The Pensions Extension of Automatic Enrolment Bill has passed through the House of Lords and is anticipated to become law following its third reading today. The passing of the bill means that...

Why LGIM is using Tumelo to give members a real voice

LGIM offers pass-through voting to pension funds

Legal & General Investment Management (LGIM) will now offer pass-through voting, via Tumelo, to its clients. LGIM is the UK first major asset manager to offer this technology in the UK, which...

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