List: The DC and DB benefits being targeted for IHT purposes from …
In today's (30 October) Budget, the government confirmed that pensions and death benefits passed on will be subject to IHT from 2027, with both DB and DC schemes impacted.. A technical consultation released alongside the Budget has revealed how wide-ranging the new rules are likely to be – with dependents' annuities and DB lump sum death benefits among those in scope.
Autumn Budget 24: Inherited pensions to face IHT from 2027
Oct 30, 2024 · Pensions and death benefits passed on will be subject to inheritance tax (IHT) from 2027, with both defined contribution and defined benefit schemes impacted, chancellor Rachel Reeves has confirmed in today’s (30 October) Budget.
People Moves: Week ending Friday 20 December 2024
Dec 20, 2024 · Image: (Top row L-R:) Camilla Egginton, Nick Roy and Allie Jenkin (Bottom row L-R:) Ian Mylrea, Jo Donnelly and Victoria Willmott
Aptia formally launches after admin buyout from Mercer
Jan 8, 2024 · The firm - which will have around 1,100 clients supporting more than seven million people with health and wealth administration - was formed with the backing of Bain Capital Insurance last June and included more than 3,500 employees across the UK, US, India, and Portugal.. The business is headed by chief executive Bala Viswanathan, the former chief operating officer of Mercer, and group chair ...
L&G launches inaugural endgame report
Dec 11, 2024 · The report, which is a collaboration between L&G Retirement Institutional (LGRI) and L&G Investment Management (LGIM), covers defined benefit (DB) scheme pension risk transfer (PRT) prospects for t...
Professional Pensions – UK pensions news and analysis
2 days ago · Gilt yields hit record highs as bond sell-off intensifies. Yields on 30-year government gilts reach highest level since 1998
List: The UK's biggest pension consulting firms - Professional …
Nov 21, 2024 · This analysis does not include advisory services provided by PwC and EY due to a lack of segmental information. It also excludes data from smaller regional firms.
Aretas Trustees launches in bid to 'de-commoditise' professional ...
Oct 23, 2024 · Nadeem Ladha and Cath Williams – who were both previously trustee directors at Vidett until September last year – said Aretas Trustees would position itself as a firm that values long-term relationships over volume and aimed to stand out by providing "personal attention and strategic, hands-on trusteeship".
L&G set to return PRT capital to shareholders as result of low …
Dec 4, 2024 · Legal & General (L&G) is set to return a proportion of the capital it had allocated to pension risk transfer (PRT) business in 2024 after a largely gilts-based investment strategy led to it investing less than expected in this area of business during the year.
Autumn Budget 24: Labour affirms Mineworkers Pension Scheme …
Oct 30, 2024 · In her Budget speech to parliament today (30 October), the chancellor said the government would ensure the members of the mineworkers' scheme receive a "fair pension", fulfilling a pledge the party...