Topping up pensions with property wealth is becoming the norm May 27, 2025 Using property to fund retirement is going to become the norm, but there's stigma attached to it, writes James Daley.
Londoners working from home could boost pension pot by £236,000 May 21, 2025 Commuters could save hundreds of thousands of pounds in their pension pots by working from home three days a week, a new study has found. Working from home for three days a week reduces the annual cost of commuting by as much as £2,000, which when put into a pension, could pay big boons in [...]
Public trust in pensions declines for the first time in five years May 14, 2025 The government is facing a fresh headache in its pension reform plans as new research shows trust in the industry declined for the first time in five years. Average trust in the industry has dipped to 5.23 out of 10, from a peak of 5.26, according to the fifth Trust and Confidence Index released by [...]
Interactive Investor creates hundreds of jobs as trading booms May 14, 2025 Interactive Investor created almost 200 jobs as its profit increased to almost £90m last year, it has been revealed. The Manchester-headquartered company has posted a pre-tax profit of £89.7m for 2024, up from the £84.2m it achieved in 2023. New accounts filed with Companies House also show that its headcount rose from 726 to 919 [...]
Pension funds sign Mansion House Accord in £50bn boost to UK May 13, 2025 The UK economy could be about to receive a £50bn cash injection after Britain’s biggest pension funds pledged to redirect resources into private markets in a major policy shift. The voluntary, non-binding agreement by the funds, dubbed the Mansion House Accord, will see increased investment into major infrastructure projects as well as greater venture capital [...]
Pension funds that don’t back UK assets should be named and shamed, Phoenix boss says May 12, 2025 Pension funds that don’t invest in UK assets should be named and shamed, the architect of the Mansion House Compact has said, as he called for “bold” action to address problems in London’s capital markets. Sir Nicholas Lyons, chairman of Phoenix Group, said transparency was the best way to catalyse more investment into the UK [...]
Mercer: Pension funds need better pick of UK investments for key deal to work May 1, 2025 The government’s proposed pensions deal will not boost growth unless better UK investment opportunities are put on offer, the boss of one of Britain’s biggest funds has warned. In an interview with Morning Wire, Benoit Hudon suggested a stronger pipeline of UK assets was needed as current options did not deliver good enough returns for [...]
Labour ministers urged to be clearer on small pension pot plans April 29, 2025 The UK government needs to be more coherent and take extra care with pension schemes before it consolidates small pension pots, a leading industry group has warned. The Department for Work and Pensions (DWP) last week unveiled plans to ease costs by automatically combining small pots holding less than £1,000 into one scheme. Individuals will [...]
Fear over Labour plans to allow firms to extract cash from pension schemes April 3, 2025 The vast majority of pension scheme members are “afraid” of government plans that would allow firms to take cash from defined benefit (DB) schemes for investment. Prime Minister Keir Starmer and Chancellor Rachel Reeves signalled earlier this year that “trapped surplus funds” in DB pension schemes would be unleashed for firms to invest. But a [...]
How to maximise your pension before the end of the tax year April 2, 2025 As the end of the tax year approaches on April 5, savers have a few days to maximise their pension contributions tax allowance. Private pension contributions are tax-free up to a limit, under a regime that applies to workplace pensions, personal pensions (such as SIPPs) and overseas pension schemes that qualify for UK tax relief. [...]