The recent Budget from the new Chancellor, Rishi Sunak, included £7 billion of expenditure targeting the impact of Covid-19 on employees, the self-employed and businesses. Six days later a further raft of measures was announced, amounting to an additional £20 billion...
Five years on the ABI believes reforms are needed to ensure the success of the pension freedoms revolution. Nearly five years on from their introduction, further reforms and safeguards are needed to ensure the long-term sustainability of the pension freedoms,...
Boris Johnson pledged to implement the biggest increase to National Minimum Wage (NMW) in more than 20 years. There is both the NMW for those of school leaving age and the National Living Wage (NLW) for those aged 25 and over. Below shows a table of the increases for...
A Pensions Schemes Bill has been included in the Queen’s Speech today, which lays out the legislative plans for the forthcoming parliamentary session. This bill includes legislation to enable the pensions dashboard and collective defined contribution (CDC) schemes to...
Over 4.5 million UK adults have been approached about potential financial scams in the past 3 months. We include tips to help avoid them. One in eight (12%) of non retired UK adults have been approached by phone, text, or email offering free pensions advice, a free...
