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2 months ago | 
moneymarketing.co.uk | Kimberley Dondo |Claire Trott
Money Marketing’s Weekly Must-Reads: Top 10 StoriesThis week’s top stories: Royal London customers will share a £181m payout as profits surge, while experts warn that IHT on pensions could become a ‘looming disaster’ for the industry. Plus, insights on market trends, regulation updates and key developments shaping financial advice.
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2 months ago | 
moneymarketing.co.uk | Tony Wickenden |Simon Fitzpatrick |Claire Trott
On 16 December 2024, it was announced by the Treasury that the chancellor had commissioned the Office for Budget Responsibility (OBR) to prepare an economic and fiscal forecast (which they described as a ‘Spring forecast’) to be presented to Parliament alongside a ‘Statement’ from the chancellor on 26 March 2025. The OBR has to publish two forecasts every year by law.
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Mar 4, 2025 | 
moneymarketing.co.uk | Dan Cooper |Chris Jones |Claire Trott |Lyndon White
Abrdn has announced it is changing its name back to Aberdeen to “remove distractions”. The asset manager has put the vowels back in after its controversial – and much mocked – rebrand in 2021. The news was revealed in the firm’s annual results, published this morning (4 March). “We will deliver by looking forward with confidence and removing distractions’,” CEO Jason Windsor said. “To that end, we are changing our name to Aberdeen group plc.
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Mar 3, 2025 | 
moneymarketing.co.uk | Darius McQuaid |Tom Browne |Claire Trott |Momodou Musa Touray
Good morning and welcome to your Morning Briefing for Monday 3 March 2025. To get this in your inbox every morning click here. UK-listed companies have been hit by China’s economic slowdownOver 30 (32) UK-listed companies have informed shareholders that they have been impacted by the slowdown in China’s economy.
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Jan 24, 2025 | 
moneymarketing.co.uk | Greg Neall |Claire Trott |Alan Lakey |Darius McQuaid
I worked in robo-advice for 10 years. In 2016, we had a publicly available website where a retiree could get an automated recommendation on whether to buy an annuity or take a FAD. In 2019, I was giving defined benefit transfer advice based on a machine-learning algorithm. Five years on, both these systems are either dead or barely used, yet I seem to be surrounded by people telling me that technology is going to revolutionise the advice industry. Really? I see the advice gap widening, not closing.
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Jan 21, 2025 | 
moneymarketing.co.uk | Dan Cooper |Matt Storey |Claire Trott |Darius McQuaid
New pensions minister Torsten Bell has confirmed that auto-enrolment thresholds will remain frozen for 2025/26. In a written statement published today (21 January), Bell said that the automatic enrolment earnings trigger will stay at £10,000. The lower earnings limit of the qualifying earnings band will remain at £6,240, while the upper earnings limit will be kept at £50,270.
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Jan 21, 2025 | 
moneymarketing.co.uk | Momodou Musa Touray |Darius McQuaid |Claire Trott |Ros Altmann
L&G Mastertrust has reached £30bn in assets under management (AUM), becoming the first commercial master trust in the UK to reach the milestone. The scheme has 349 participating employers and manages the retirement savings of 1.9 million people. Launched in 2012 following the introduction of auto-enrolment, it has grown to be one of the dominant scheme in the pension sector.
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Jan 17, 2025 | 
moneymarketing.co.uk | Claire Trott |Momodou Musa Touray |Roderic Rennison
Since the Chancellor’s Autumn Budget announcement on plans for pensions to be integrated into inheritance tax (IHT) calculations from 2027 onwards, many individuals have come to me looking for mitigation tips. While there are a number of options when it comes to mitigating IHT on pensions, one suggestion is to use your funds to buy an annuity. While this will work for some, there are a good number of considerations to take into account when thinking about this option.
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Nov 12, 2024 | 
moneymarketing.co.uk | Tom Browne |Claire Trott
Good morning and welcome to your Morning Briefing for Tuesday 12 November 2024. To get this in your inbox every morning click here. AI will have a greater impact on advisers than ESG, study findsResearch from Downing Fund Managers reveals that AI is expected to have a greater impact on adviser businesses than ESG over the next five years. Nearly half (46%) of advisers surveyed believe AI will drive efficiency, improve personalised insights, and support automation and analysis.
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Nov 11, 2024 | 
moneymarketing.co.uk | Momodou Musa Touray |Darius McQuaid |Claire Trott
The Association of Member-Directed Pension Schemes (AMPS) has appointed Debbie Seaton as its new chair. Seaton, who co-founded SeaBridge SSAS in 2021, has over 30 years’ experience leading SSAS companies’ administration and operations functions. She replaced outgoing chair Andrew Phipps of Embark Group, who stood down after two years in the role.
