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  • Proposed pension reforms included in next week’s Budget will create chaos and put bereaved families and ordinary people at financial risk, according to STEP, the global professional body for trust and estate practitioners.

  • HMRC has agreed to exempt pension administration professionals from new requirements requiring ‘tax advisers’ who interact with HMRC on behalf of clients to register with HMRC and meet new minimum standards from 1 April 2026.

  • The Budget rumours in recent weeks have sparked a record tax year so far for the number of people paying into SIPPs, stocks and shares ISAs, cash ISAs, JISAs and LISAs from Hargreaves Lansdown.

  • Retirees are living longer than they ever expected – and their finances may not be keeping pace, according to new research.

  • I can’t be alone in thinking that the recent House of Lords committee sessions on the Finance Bill and, in particular, discussion on bringing unused pension pots into scope for inheritance tax (IHT) made for interesting viewing.

Latest News

UK DB pension surpluses hit a record £223bn in August against long-term funding targets, according to analysis from pensions consultancy XPS.

Hargreaves Lansdown has partnered with Schroders Capital to add two of its private markets long-term asset funds (LTAFs) to its platform.

Veteran Labour MP Pat McFadden has been appointed the new Work and Pensions Secretary in the latest Cabinet reshuffle following the resignation of Angela Rayner on Friday.

Savings and retirement group Phoenix will rebrand as Standard Life next March.

Pension savers rushed to withdraw their 25% tax-free cash in unprecedented volumes in the 2024/25 financial year, according to new FCA data.

Two-fifths ( 39%) of pension savers say that a guaranteed income is their main priority in retirement.

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