Low pay and housing costs drive debt among 18 to 24-year-olds – StepChange
Research by StepChange Debt Charity revealed low pay, unemployment and high housing costs are driving debt problems among 18-24 year olds.
One in five unsure of own pension contributions – Hargreaves Lansdown
A third (33%) of those over 55 reported not knowing their contributions, compared to just 10% of people between 18 and 34.
Survey reveals only 24% willing to work until age 70 to maintain triple lock
In contrast, over half (54%) said they wouldn’t work longer, while 23% were unsure.
Pension stakeholders can alter DB scheme strategies – Hymans Roberston
The firm warns that personnel changes can transform the objectives a DB scheme aims to achieve.
Surge in ISA and pension contributions due to tax raid fears pre-Budget
Pension withdrawal requests more than doubled in October compared to the previous year.
West Bromwich Building Society pension scheme completes £70m buy-in with Canada Life
This transaction secures the benefits of all uninsured scheme members, covering about 490 deferred members and 400 pensioner members.
National insurance increase may drive employers to salary sacrifice pensions – Evelyn Partners
Chancellor Rachel Reeves is expected to raise the National Insurance Contribution rate for employers by 1% to 2% in the Budget tomorrow.
Protection Guru Awards 2024 celebrates top achievers in protection industry
The awards celebrated the dedication of advisers and insurers over the past 18 months.
38% of pre-retired DB members lack retirement planning confidence – Just Group
Around 20% of those who had started planning were prompted by communication from their scheme provider.
MIMHC launches mental health Q&A series with Altruist Enterprises
The series features conversations with mental health experts, including an exclusive session with Katie Buckingham.
HMRC repays £44.3m in overpaid pension tax during Q3, experts call for reform
This issue has persisted since pension flexibilities were introduced.
Action on lost pension pots needed with £31.1bn going astray, research reveals
This is an increase from 2.8 million pots valued at around £26bn two years ago.
