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Aggregate DB surplus hits £476bn, says PPF
The aggregate surplus of DB pension schemes increased to £475.5bn at the end of July, according to the latest Pension Protection Fund (PPF) 7800 Index.
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Hargreaves Lansdown accepts £5.4bn consortium bid
After several delays, platform and major SIPP provider Hargreaves Lansdown (HL) has today accepted a £5.4bn private-equity backed consortium offer for the company.
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Pensions shake-up: Experts expect pension boost
A simple 'red, amber, green' traffic light system for pension scheme value could bring better clarity to workplace pensions and boost savings but may harm innovation, pensions experts say.
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Pensions 'Value' shake-up could be extended to SIPPs
Government and pensions regulators could force 'poor value' workplace pension schemes to close in a major shake up which could eventually be extended to SIPPs, according to one provider.
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Record LTA charges could see it being reinstated
New figures from HMRC have revealed that pensions lifetime allowance (LTA) penalty charges added a record £516m to the Treasury’s coffers in 2022-23, the last full year before it was abolished in April this year.
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