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Nutmeg appoints new chief executive

Nutmeg has appointed Martin Stead as its new chief executive following a leadership review at the firm. Founder and chief executive Nick Hungerford will become non-executive director at the online wealth manager. Stead joined Nutmeg as chief revenue officer in 2015 and held the role for seven months. Before then, he was at EDF Energy […]

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Treasury shelves salary sacrifice crackdown over Brexit fears

The Treasury will postpone plans to crack down on salary sacrifice arrangements until after the referendum on EU membership, Money Marketing understands. In the March Budget the Government dropped controversial reforms that would have redrawn the pension tax relief system. But it said it would consult on restricting the workplace benefits that attract National Insurance […]

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Mike Morrison: The Lifetime Isa’s inheritance tax nightmare

Despite repeated public claims from Government officials that pensions are here to stay, it is clear to anyone in the industry that the direction of travel is towards Isas as the primary long term savings vehicle. New products are being created, allowances are being increased and the mantra is ‘pensions are complicated, Isas are simple’. […]

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