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.
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: 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 18 October 2024
Oct 18, 2024 · Legal & General makes senior group management committee hires. 16 October. Legal & General (L&G) has appointed Laura Mason and Katie Worgan to senior roles on its group management committee (GMC).
Professional Pensions – UK pensions news and analysis
News Digest: Meet the women who rule pensions. PP brings together all the latest news on pensions from across the national and financial media
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 ...
People Moves: Week ending Friday 29 November 2024
Nov 29, 2024 · Image: (Top row L-R:) Harriet Clayton, Michael Gordon, Hamza Patel and Guy Opperman (Bottom row L-R:) Rron Hasani, Faith Reynolds, Catherine Howarth and Stuart White
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".
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...
Rising Star Awards 2024 - The winners!
Nov 15, 2024 · The Rising Star Awards aim to celebrate the emerging talent in pensions, recognising our industry's future leaders as well as the organisations that are developing and nurturing the talent.