The LibDems have revised their pension policy with a switch from increases linked to earnings rather than prices. The revised proposals for pension reform include raising the state pension age to 67 to help pay for extending their citizen’s pension to all pensioners rather than just people over 75. The LibDems would also scrap the […]
The Treasury select committee will question Chancellor Gordon Brown over the pre- Budget report. The committee is calling for submissions to put to the Chancellor and Treasury officials as part of its inquiry into the report, due to be issued on December 5. The programme of oral evidence consists of two public meetings on December […]
Skandia has launched a new range of tax and financial planning tools for its wrap.The provider says the tools have been designed to support the advice process and enable advisers to demonstrate the benefits of their recommendations to clients.The Business Premium Equaliser calculates the premiums that should be attached to each individual member of a […]
The latest figures from the Department for Work and Pensions illustrate that sickness absence is still a major cost to businesses, with an annual bill for sick pay and associated costs to employers of £9bn. This paper from Jelf Employee Benefits looks at the importance of recording sickness absence for any employee health strategy and how this can be carried out in an efficient manner to reduce absence, improve employee engagement and drive up profits.
The pension industry is changing rapidly, supported by this government’s development of the pension dashboard, the introduction of collective defined contribution pension schemes and a consultation on the regulation of defined benefit superfunds. We are unleashing innovation and opening up options for pension schemes members and employers. These reforms will bring the pension industry into the […]
The Money Advice Service aims to launch a prototype version of a drawdown comparison tool aimed at non-advised, mainstream customers in spring next year. The guidance body’s senior policy manager Teresa Fritz shared details about the tool that is being designed in collaboration with the Association of British Insurers. Speaking at a Westminster Business Forum […]
Trade tensions and Brexit are concerns ahead of 2019 European equity markets have had a tough year. The economy has failed to live up to the expectations at the start of the year that European growth would be fuelled by easy financial conditions and falling unemployment. Regional business confidence surveys have fallen steadily since January. […]