News

The money raised via inheritance tax rose by 4 per cent in the 2021/ 22 tax year according to latest HMRC statistics.  Figures show that while a marginally higher proportion of UK...

Pensions cost the Treasury £48.7 billion in the year ending 2023— an increase of £1.1 billion over the previous year, according to analysis of the latest HMRC data. LCP partner and former...

Pension participation remains unchanged at 88 per cent as total annual savings for eligible employees reaches a record £131.8 billion in 2023, according to The Department of Work and Pension (DWP). According...

Seven out of 10 people taking flexible payments from their pensions are younger than 65, according to latest data from the Department for Work and Pensions. The figures show that £83 billion...

The overall funding level for the 87 funds participating in the Local Government Pension Scheme (LGPS) in England and Wales increased from 110 per cent in May to 112 per cent by...

Lower productivity caused by ill-health sickness is costing UK businesses an extra £25 billion a year, according to a new report from the Institute of Public Policy Research.  The think tanks says...

Experts say the Consumer Duty deadline has increased focus on consumer needs and transparent decision-making but are urging a shift from outdated “zombie” products to better options They also anticipate stricter regulatory...

Concerns have been raised that the government will scale back advertising and communications around the new pensions dashboard due to spending cuts. Yesterday the Chancellor Rachel Reeves announced a raft of measures...

Boostworks, a provider of employee reward and recognition, benefits delivery and wellbeing solutions, has appointed Joanne Werker as CEO. Werker, CSMO, will take over as CEO on August 1, 2024, replacing Andy...

The Financial Conduct Authority has launched a ‘call for input’ on its own rules, with the aim of simplifying the current raft of regulations, reducing costs and paperwork for firms, and helping support...