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YouGov survey finds many say payments are too low and oppose reforms such as raising retirement age or cutsMost Europeans believe their country’s state pension system will soon become unaffordable – but they also think the current scheme is not generou…
One possible alteration was thought to be tax-free cash drawdowns, but the chancellor may have turned to salary sacrifice schemesRumours about what Rachel Reeves may, or may not, do to pensions in the budget continue to swirl.One much-debated possible …
Financial experts express alarm after jump in sums people taking out of retirement pots amid ‘jitters’ about taxOlder savers should avoid making rash decisions about their pension cash based on “fear and rumour”, experts urged this week.The warning cam…
In today’s newsletter: Rachel Reeves has announced the ‘biggest financial regulation reforms in a decade’ – but are they enough to spark the economy? Good morning. The chancellor, Rachel Reeves, has vowed to cut back regulation in the UK financial sec…
Exclusive: Announcement expected as part of series of changes outlined in chancellor’s Mansion House speechThe chancellor, Rachel Reeves, is expected to trigger a review of the auto-enrolment pension scheme next week in a move that could ultimately for…
Move hopes to push lenders to offer more high loan-to-income mortgages and help 36,000 buyers on to housing ladderBusiness live – latest updatesThe Bank of England has rolled out looser mortgage rules that policymakers hope will help 36,000 more first-…
Chancellor had anticipated surpluses from final salary schemes would boost investment in UK economyPlans to invest £160bn of surplus funds from final salary pension schemes to boost the UK economy over the next 10 years have been dealt a blow by a Whi…
Aviva, Legal & General, M&G and others agree to sign new ‘Mansion House accord’ with governmentNils Pratley: Mansion House accord is long on virtue-signallingThe bosses of 17 of the UK’s biggest pension funds have struck a deal with the governm…
Exclusive: Torsten Bell defends Labour’s spending plans, saying ‘the status quo is economically and morally bankrupt’Britain’s crumbling public services are bad for business, and spending more taxpayers’ money to fix them is a pro-growth policy, the pe…
Shadow chancellor also backs planning changes and industrial strategy, but no ‘unfunded tax cuts’Rachel Reeves is proposing to shake up Britain’s pension system as part of a three-pronged plan aimed at boosting the economy’s sluggish growth rate if Lab…