Commenting on today’s news that income tax and NI could be merged by a future Conservative government, Malcolm McLean, considers the arguments for and against a potential merger.
Speaking at our Pensions Outlook Seminar today, Malcolm McLean said it was important for both advisers and individuals not to over-estimate the value of the new state pension in planning their retirement.
It’s good to see the speed of progress being made with the Private Pensions Act, which is being presented to Parliament for the first time today. This new legislation will enable employers to develop shared risk schemes for the first time.
Millions of UK consumers have invested over £900bn in united linked funds and this number is on the rise. Our latest blog looks at the ABI good practice guidelines.
Our annual survey of pension disclosures made by FTSE100 companies has revealed that the average IAS19 discount rate for pension obligations has increased by 0.1 percentage point to 4.5%, the first increase since 2008.
On 2 June 2014, EIOPA invited comments on the public consultation of Set 1 (of 2) of the Solvency II Guidelines. Our lastest blog looks at the consutlation papers and what conclusions may be drawn.
The PRA’s two most recent consultation papers, published on 30th May, seek views on two draft supervisory statements for life, general and mutual insurers. The key features of each are summarised on our latest blog.
The number of people saving adequately for retirement at 53% is the highest it has been since 2009 and the biggest ever year-on-year rise, up from 45% in 2013.
The Pensions Regulator (TPR) has today published its revised code of practice on pension scheme funding. It’s good to see that TPR has made some real improvements in response to the consultation.
Our lastest blog looks at TPR's annual funding statement published today giving its view on the market conditions that 'tranche 9' schemes will have to consider when carrying out their valuations.