Steve Webb, our Director of Policy and External Communications, considers the new Lifetime Isa When the Green Paper on ‘Strengthening the Incentive to Save’ was published last summer, we thought the 2016 Budget might be a momentous one for pensions. Radical reform to pension tax relief was on the table, with the lead options including […]
Prudential is reportedly working on plans to cap the pay of fund managers at M&G after one fund manager took home £32m over two years. Sky News reports the insurance giant will limit pay at the asset management division, but says there are no details on what pay will be limited to or how a cap […]
Citizens Advice chief executive Gillian Guy says Ros Altmann’s comments over how providers are failing to signpost to Pension Wise were not helpful. Pension Wise has suffered from low take-up since it launched in April 2015, prompting the pensions minister to blame providers for failing to direct customers to it. But Guy – whose organisation […]
Parliament’s Work and Pensions committee is to re-open its investigation into automatic enrolment amid fears the new Lifetime Isa could undermine the reforms. The committee first revealed plans to look into auto-enrolment in December last year, with a specific intention to probe its effectiveness and lessons learned since the reforms were launched in October 2012. […]
With a portfolio of bonds and equities, income is more resilient in an otherwise uncertain world. To watch the video click here
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