Millions of parents miss out on free pension cash by overlooking this rule Millions of UK parents are missing out on hundreds in free pension cash after being left in the dark by employers about a pension rule for new parents. While most parents are aware of child benefits and junior ISAs, many are losing as much as £720 per year after overlooking a far less familiar perk. [...]
Center Parcs: UK pension funds in talks for stake in holiday giant Business A number of Britain’s biggest public sector pension schemes are understood to be eyeing a stake in the holiday giant Center Parcs after the Treasury ramped up its efforts for funds to invest in UK-based assets. The Greater Manchester Pension Fund (GMPF), the London-based Local Pension Partnership (LPPI) and the Edinburgh-based Lothian Pension Scheme are [...]
Is scrapping the tax-free pension lump sum a good idea? Opinion The tax-free pension lump sum has its problems, but is limiting the allowance actually a good idea, asks Daniel Herring.
Pension Commission is an attempt to diffuse UK’s ticking pensions time bomb July 28, 2025 Our pensions system is a ticking time bomb that could detonate within a generation. The Pension Commission will try to defuse it, writes Alastair King.
Voters reject Reeves’ plans for state power on pension investments June 10, 2025 A majority of British voters oppose the government having powers to dictate pension fund investments, fresh polling has revealed, in a blow to Rachel Reeves’ attempts to use pension pot funds to boost growth. Three in five voters disagree with government influence over pension fund investments, according to a Morning Wire and Freshwater Strategies poll [...]
Government’s pension pot raid risks leaving millions underfunded June 8, 2025 Government plans to allow companies to extract cash from final salary pension schemes have come under fire after fresh analysis found the policy could put millions of retirees’ savings at risk. The Pension Schemes Bill, introduced last week, creates new rules allowing employers to remove “surplus” cash from defined benefits (DB) pension schemes, which are [...]
What is ‘clearly missing’ from Rachel Reeves’ pension review May 29, 2025 A senior figure at investment bank Peel Hunt has set out what is “clearly missing” from Chancellor Rachel Reeves’ plans for reforming the UK pension industry. The government has provided more details on its proposals which include the creation of £25bn ‘megafunds’ to encourage fresh investment into UK infrastructure and businesses. The Treasury has also [...]
UK savers back AI on pensions, but ‘not as a substitute for humans’ February 12, 2025 UK savers are open to artificial intelligence (AI) playing a key role in pension customer support. But, most would rather have a combination of AI and human interaction, rather than a fully automated system. A recent survey by pension scheme provider PensionBee found that of its 1,000 participants, 79 per cent favoured a hybrid approach. [...]
Peel Hunt: There’s a ‘missing piece’ in Reeves’ City growth push November 20, 2024 The government has demonstrated a “fundamental shift” in its approach to growth but must address the key issue of pushing investment into the UK stock market, Peel Hunt has said. In an a note to investors today, Peel Hunt’s head of research, Charles Hall, stressed that while Rachel Reeves‘s Mansion House speech had been a [...]