The Department for Education has today confirmed an increase of 5 percentage points to the employer contribution rate of the Teachers' Pension Scheme (TPS) with schools' contributions set to rise from 23.6% to 28.6%.
Sales of Self Invested Personal Pensions (SIPPs) bounced back in 2022 to reach nearly 900,000 new plans arranged - the highest level since 2018.
The pension gender gap between single pensioners under 75 has reversed for the first time ever, according to analysis of DWP data.
Pensions and employee benefits firm Broadstone is to acquire York-based consulting actuaries H&C.
Broadstone, one of the UK’s largest firms of pension and investment advisers, has been bought by private equity firm Livingbridge for an undisclosed sum.
A former senior consultant at Broadstone Pensions & Investments has moved to Sipps firm Mattioli Woods.
Soon to be retirees should be given a voucher to provide their free, impartial retirement guidance, as pledged by the Government, a pensions firm has proposed.
The FCA has approved Broadstone's acquisition of the Blythwood Group.
A pensions advisory firm believes that the tax-free cash lump sum could be under threat.
Pension members could be throwing their money away by leaving schemes early due to the reduction in the Lifetime Allowance, an investments firm has warned.
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