Displaying items by tag: Broadstone
Aggregate DB surplus rises to £476bn, says PPF
The aggregate surplus of DB pension schemes increased to £476bn at the end of September, according to the latest Pension Protection Fund (PPF) 7800 Index.
DWP launches CDC consultation
The Department for Work and Pensions has today launched a consultation on draft legislation needed to extend Collective Defined Contribution (CDC) pension schemes.
Aggregate DB surplus hits £476bn, says PPF
The aggregate surplus of DB pension schemes increased to £475.5bn at the end of July, according to the latest Pension Protection Fund (PPF) 7800 Index.
Record LTA charges could see it being reinstated
New figures from HMRC have revealed that pensions lifetime allowance (LTA) penalty charges added a record £516m to the Treasury’s coffers in 2022-23, the last full year before it was abolished in April this year.
Higher inflation for working families puts pressure on Triple Lock
Higher inflation data for non-retired households released today by the Office for National Statistics could put pressure on the pensions Triple Lock pledge, according to consultancy Broadstone.
Teachers' Pension Scheme rise will hit private schools
The Department for Education has today confirmed an increase of 5 percentage points to the employer contribution rate of the Teachers' Pension Scheme (TPS) with schools' contributions set to rise from 23.6% to 28.6%.
SIPP sales recover with strong growth in 2022
Sales of Self Invested Personal Pensions (SIPPs) bounced back in 2022 to reach nearly 900,000 new plans arranged - the highest level since 2018.
Pension gender gap reverses for first time
The pension gender gap between single pensioners under 75 has reversed for the first time ever, according to analysis of DWP data.