Mansion House reforms could deliver ‘huge benefit’ to UK, says pensions giant finance chief March 22, 2024 "If the rules and regulations allow us to change that that could be a huge benefit. What we're working on, is how do we actually facilitate and make this happen?"
Waspi women deserve compensation, but could there be a sting in the tail? March 22, 2024 Waspi women have a legitimate grievance over waiting longer than they expected for their pensions, but any reimbursement scheme must take into account that working people are struggling too, says Eliot Wilson From 2004 to 2009, the Department for Work and Pensions was guilty of maladministration, it breached the Civil Service Code and it failed [...]
State pension triple lock will reportedly be in Conservative manifesto March 21, 2024 The state pension triple lock will be in the Conservative manifesto for a general election, according to multiple reports.
Jeremy Hunt suggests the state pension triple lock is unsustainable. Is it? March 20, 2024 Jeremy Hunt suggested that the state pension might have to come "under review" in the coming years as an ageing population puts ever greater strain on the public finances.
Young people are still losing out to pensioners March 18, 2024 Claims that pensioners have “lost out” from targeted cuts to a tax that they do not pay are utterly disingenuous, says Emily Fielder This year’s Spring Budget seems to have precipitated a huge media frenzy about what it means for Britain’s pensioners. Commentators from across the political spectrum are asking why the Chancellor has forgotten [...]
Spring Budget 2024: Hunt threatens ‘further action’ to unlock pension investment after disclosure plans March 6, 2024 The Chancellor Jeremy Hunt said he could take “further action” to push pension funds to back UK companies today as he confirmed plans to force them to publicly disclose their levels of UK equity investment in his Spring budget.
Pension funds have ‘abrogated responsibility to the UK,’ says Peel Hunt March 4, 2024 Pension funds have “abrogated their responsibility” to the UK and should start preparing to disclose how much of their cash goes into British firms, one of the UK’s top investment banks has said, after the Chancellor revealed plans for a sweeping shake-up of rules ahead of the budget on Wednesday.
Pensionbee proposes US expansion as fintech expects first annual profit in 2024 March 4, 2024 London-listed fintech Pensionbee has announced plans to expand into the US retirement savings market as it nears profitability following a jump in customer numbers.
Jeremy Hunt piles pressure on pension funds to back British firms in fresh City shake-up March 2, 2024 Pension funds will be forced to reveal how much of their cash is invested in UK companies and poorly performing schemes will be blocked from taking on new business, in a bid to get retirement cash flowing into the economy, the Treasury has announced,
Top City investors unite in plan to unlock funding for British start-ups following Hunt’s Mansion House reforms February 13, 2024 A group of top pension and venture capital chiefs are drawing up plans to unlock a wave of cash from the pension industry into Britain’s start-ups, as the industry looks to implement a government-led commitment signed last year.