The Pensions Regulator’s (TPR’s) new DB funding code - a decade on from the previous one - has been laid in parliament today, following extensive industry consultation.
Read more ...Income funds show resurgence among advisers
- Monday, 29 July 2024
- Articles
Funds targeting income have seen a resurgence of interest among advisers with interest in capital accumulation funds waning at the same time in Q2, according to research consultancy firm Square Mile.
Read more ...Chancellor Reeves to scrap 'surprise Budgets'
- Monday, 29 July 2024
- Articles
Chancellor Rachel Reeves will today commit the Government to one major fiscal event per year to end “surprise budgets”, which have caused uncertainty for markets and family finances across the country.
Read more ...13,112 teachers quit pension scheme in 12 months
- Monday, 29 July 2024
- Articles
The number of teachers opting out of the Teachers’ Pension Scheme has climbed 14% to 13,112 during the past 12 months, data collected by the Department for Education has revealed.
Read more ...Average pension transfer times fall by 14%
- Monday, 29 July 2024
- Articles
Average transfer times for DC pensions fell by 14.2% in the 18 months to the end of June 2024, according to new figures published by fintech Origo.
Read more ...140,000 pensioners facing tax demand for 'first time'
- Monday, 29 July 2024
- Articles
Around 140,000 pensioners will soon face tax demands for the first time since they retired through the ‘simple assessment’ process.
Read more ...FCA opens door to new ‘capital raising’ retail platforms
- Friday, 26 July 2024
- Articles
The FCA is to consult on ground-breaking proposals to launch capital-raising retail platforms to raise money for expanding firms.
Read more ...12% jump in new equity release clients in Q2
- Friday, 26 July 2024
- Articles
The number of new equity release customers jumped by 12% to 5,240 in Q2 as the market recovered from a downturn last year, according to the Equity Release Council’s latest quarterly market report.
Read more ...Profit recovery at Jupiter but outflows continue
- Friday, 26 July 2024
- Articles
Fund manager Jupiter has reported pre-tax profits for the latest half year up by £3.9m to £38.7m.
Read more ...1 in 3 financial services firms censured by regulators
- Friday, 26 July 2024
- Articles
Over one in three financial services firms (36%) have been penalised at least once in the past 12 months for failing to meet regulatory requirements, according to a new report.
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