Rachel Vahey

1 week ago | moneymarketing.co.uk | Rachel Vahey |Momodou Musa Touray

Pension tax rules are forever changing. In the last 25 years there have been changes almost every April. But even against this background of constant change, April 2015 stands out like a beacon, launching the double whammy of the landmark pension freedoms giving more flexibility on accessing pension savings, and the new generous tax rules on death. The world before pension freedoms now seems strange.

4 weeks ago | moneymarketing.co.uk | Tom Browne |Rachel Vahey |Darius McQuaid

Phoenix Group has announced the appointment of Wipro as a new strategic partner under a Business Process Outsourcing (BPO) agreement. This follows a strategic review and is in line with developments in the Group’s IT strategy. The deal will see Wipro take over the management of ALPHA, the platform used by ReAssure, as well as associated life and pension administration services. The move is aimed at accelerating and simplifying the ReAssure Transformation programme.

4 weeks ago | moneymarketing.co.uk | Rachel Vahey |Momodou Musa Touray

Chancellor Rachel Reeves is expected to deliver her Spring Statement today (26 March), and after a bombshell Budget last Autumn, industry commentators are predicting its Spring counterpart will unlikely deliver such a punch. Aegon pensions director Steven Cameron says he thinks there will be a “Spring Statement silence” on pensions. However, he does warn that any further pressure across government department spending could lead to “greater scrutiny” of the state pension age or the triple lock.

Jan 17, 2025 | citywire.com | Michelle McGagh |Joe Stonor |John Schaffer |Rachel Vahey

St James’ Place (SJP) will focus on valuations rather than political speculation in 2025, according to the firm’s CIO Justin Onuekwusi. The unfolding of Donald Trump’s economic plans and the global rejection of incumbent governments will lead to ‘radical’ politics, according to the man leading SJP’s investment team. However, calling the impact of political change on markets is a fool’s game, he said.

Jan 17, 2025 | citywire.com | Daniel Grote |John Schaffer |Rachel Vahey |Michelle McGagh

Schroders is set to cut 200 jobs, amounting to 3% of its workforce following a tough period for the asset manager. The move will mark new chief executive Richard Oldfield’s first major change at the business. ‘Our priority is to reposition the business at pace, as we transition to growth,’ the firm said in a statement. Work email Password First Name Last Name Do you personally advise on or manage investments for clients?