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Jan 23, 2025 | 
professionaladviser.com | Martin Richmond
Speaking yesterday (22 January) at a Work and Pensions Committee (WPC) hearing, as part of an inquiry into pensioner poverty, experts highlighted several factors which contribute towards continuing inequality in retirement outcomes between men and women.
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Jan 6, 2025 | 
professionalpensions.com | Martin Richmond
Become a Professional Pensions member Insight Investment appoints Raman Srivastava as CEO designate Srivastava will succeed current CEO Abdallah Nauphal who is set to retire later this year 06 January 2025 • 2 min read Insight Investment has appointed Raman Srivastava as chief executive (CEO) designate. Srivastava will succeed Abdallah Nauphal as CEO, following his decision to retire in the first half of 2025. Nauphal has worked at Insight for more than 20 years, including 17 years as CEO....
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Dec 13, 2024 | 
moviemarker.co.uk | Martin Richmond
Released: 13 December 2024Director: Kenji KamiyamaStarring: Brian Cox, Gaia Wise, Luke Pasqualino, Miranda Otto“The horn of Helm Hammerhand, shall sound in the deep, one last time!” It’s one of the many, manystirring and uplifting moments from The Lord of The Rings trilogy, spoken by the seventeenth King of Rohan Théoden (RIP to the great Bernard Hill).
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Nov 14, 2024 | 
investmentweek.co.uk | Martin Richmond
In her maiden Mansion House speech, to be delivered later today (14 November), Reeves will unveil the measures as part of the "biggest pension reforms in decades". The government explained that, while the LGPS and DC markets hold a combined £1.3trn in assets under management (AUM), the current pensions landscape is "fragmented" and lacks the size required to invest in new businesses or infrastructure projects.
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Nov 13, 2024 | 
professionaladviser.com | Martin Richmond
Data from the provider of The People's Pension's Pension Transfer Outcome Index – which is based on movements where people switch from a lower charging workplace pension that is subject to a charge cap, to a higher charging, uncapped retail schemes – found losses due to these transfers are forecast to rise from £1.2bn to £1.7bn by 2027. The index also reported this figure is anticipated to exceed £2bn by 2030.
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Oct 31, 2024 | 
professionaladviser.com | Martin Richmond
In her Budget speech to parliament on Wednesday (30 October), chancellor Rachel Reeves confirmed inherited pensions will be subject to IHT from 2027, a decision which is set to have an impact on both defined benefit and defined contribution schemes. Alongside the chancellor's announcement, the government published a consultation which said pension scheme administrators will become liable for reporting and paying IHT due on pensions to HM Revenue & Customs (HMRC).
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Oct 31, 2024 | 
professionalpensions.com | Martin Richmond
Become a Professional Pensions member Changes to pensions and IHT rules will be a 'bureaucratic nightmare' for families LCP says changes announced in Autumn Budget will ‘greatly’ add to the burden families face 31 October 2024 • 3 min read Image: Steve Webb: Bereaved relatives already face huge challenges in winding up the financial affairs of a loved one The government’s decision to include pensions and pensions death benefits within estates for inheritance tax (IHT) will be a “bureaucratic...
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Oct 17, 2024 | 
moviemarker.co.uk | Martin Richmond
Released: 1 January 2025 (UK)Director: John CrowleyStarring: Florence Pugh and Andrew GarfieldReviewed By: Martin RichmondAside from the usual chatter whenever the Oscars roll around. There was a specific moment during the 95th Academy Awards last year during the presentation of several awards, that set the internet into a fever pitch. Two actors presenting a couple of awards together is nothing out of the ordinary.
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Sep 23, 2024 | 
professionalpensions.com | Martin Richmond
Become a Professional Pensions memberNest, L&G and PGGM form £1bn build-to-rent partnership Partnership looks to support government targets to build a further 1.5 million homes23 September 2024 •4 min readNest has formed a partnership with Legal & General (L&G) and PGGM to invest in build-to-rent (BTR) schemes across the UK.
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Sep 17, 2024 | 
professionalpensions.com | Martin Richmond
Become a Professional Pensions memberGovernment to introduce further LTA abolition regulationsHMRC says further regulations will be introduced when ‘parliamentary time allows’17 September 2024 •3 min readThe government is set to introduce further regulations regarding the abolition of the lifetime allowance (LTA).
