March 2020

State Pensions increase by 3.9%


From 6 April 2020 the State Pension will rise by 3.9%. Also, find out how the increase is calculated and what else is changing.

February 2020

An important update from the Trustee of the Nationwide Pension Fund


Following on from the Trustee announcement on 18 September 2019, about Nationwide’s proposal for changes to the pension arrangements for employees who are Active members of the Nationwide Pension Fund (NPF).

December 2019

Equitable Life Update


In 2018, Equitable Life announced its intention to transfer With Profits policies to Utmost Life and Pensions. The proposal was subject to policyholder, regulatory and Court approvals, and final approval was confirmed on 4 December 2019.

Pensions boosted under proposed living wage


​Increasing the national living wage to an hourly rate of £10.50 would result in a pension boost of £333, according to calculations from Quilter (a leading provider of advice, investments and wealth management, both in the UK and Internationally).

November 2019

Over 60s miss out on thousands of pounds of pension savings


Savers over the age of 60 are throwing away up to £1.75bn in pension contributions by opting out of their workplace schemes, according to figures from Royal London.

September 2019

An important announcement from the Trustee of the Nationwide Pension Fund


Nationwide is proposing some important changes to the pension arrangements for current Active members of the Nationwide Pension Fund.

August 2019

Work and Pensions Minister Amber Rudd remains in post


Whilst Mr Johnson’s appointments will see a number of Government Departments with a new ministerial lead, The Department of Work and Pensions is one of the few where the status quo remains, with Amber Rudd remaining as Minister for Work and Pensions.

January 2019

What lies ahead for pensions in 2019?


A look at what might be coming up this year that could affect you and your pension. Including an announcement about the Pensions Dashboard and the rise in the State Pension.

November 2018

Massive increase in pension tax charges from those exceeding the Annual and Lifetime Allowances


Figures published by Her Majesty’s Revenue & Customs (HMRC) show that the amount of money paid in pension tax charges by people who exceeded the Annual or Lifetime Allowances have significantly increased.

Guaranteed Minimum Pension (GMP) Equalisation


On 26 October 2018, the High Court ruled in the Lloyds Banking Group case, that the GMP benefits for men and women under the relevant Lloyds‘ schemes should be equalised for benefits built-up between 17 May 1990 and 6 April 1997.