Hargreaves Lansdown and Schroders agree investment tie-up September 8, 2025 Hargreaves Lansdown and Schroders Capital have sealed a tie-up to open up private assets opportunities to thousands more investors. The partnership will offer access to private investments, known as long-term asset funds (LTAFs), to Hargreaves Lansdown’s customers via self-invested personal pensions (SIPPs). The new style pensions will allow retail investors to invest in private assets [...]
Phoenix Group: FTSE 100 giant changes name to Standard Life September 8, 2025 Pensions giant Phoenix Group is set to change its name to Standard Life as it adopts the name of the brand it acquired seven years ago. It follows widespread speculation that the board had been considering a name change. The firm stated that Standard Life was its most reputable name and that the change would [...]
Savers race to withdraw pension lump sums over tax concerns September 5, 2025 UK pension savers rushed to withdraw their tax free cash over the past financial year, as they braced themselves for possible changes to tax rules on retirement funds. The amount withdrawn from UK pensions in tax-free lump sums rose more than 60 per cent in the 2024/25 financial year to £18.1bn, up from £11.25bn the [...]
A 0.5 per cent pension shift could secure Britain’s tech supremacy September 3, 2025 To solve the UK’s struggle to scale its world-class startups, we must unlock the nation’s vast pension funds for venture capital investment to fuel domestic growth and ensure technological sovereignty, says Dame Anne Glover This week, as leaders gather at Mansion House to celebrate British innovation, we must confront a hard truth: the UK is [...]
Boost pension to avoid retirement poverty graduates warned September 1, 2025 Graduates entering the workforce have been urged to begin topping up their pension pot, as retirement poverty worries continue to loom large. Nearly 90 per cent of recent university graduates believe pension planning is important, but pressing financial matters have shifted their focus away from saving for retirement, according to research from insurance provider Standard [...]
National Wealth Fund pumps millions into battery storage developer August 27, 2025 The National Wealth Fund has joined forces with two investment firms as part of a £500m venture to enhance the UK’s battery storage facilities. The consortium – including infrastructure asset manager Equitix and Australian pension fund Aware Super – will “build, own and operate grid-scale battery storage assets” via an investment in developer Eelpower Energy. [...]
Thousands of savers overcharged on pension withdrawals by HMRC August 26, 2025 Thousands of people have claimed a refund on emergency tax on pensions after the HM Revenues & Customs (HMRC) overcharged savers an eye watering amount on their withdrawals. In total, 6,000 people successfully claimed a refund in the 2023-2024 financial year, a 20 per cent increase from the year before, according to figures obtained by [...]
Is scrapping the tax-free pension lump sum a good idea? August 21, 2025 The tax-free pension lump sum has its problems, but is limiting the allowance actually a good idea, asks Daniel Herring.
Week in Business: Will Reeves Launch a Massive Tax Raid on Property and Pensions? August 21, 2025 Christian May interrupts your holiday with grim news on another punishing round of tax hikes coming in the Autumn.
Tax-free pension lump sum could be slashed to fill Labour’s black hole August 21, 2025 Tax-free lump sum withdrawals from pension pots could be slashed as Rachel Reeves scrambles for fresh ways to plug a £50bn hole in the public finances. The Chancellor is reportedly eyeing a cut to the amount of money pensioners can withdraw from their savings pot without paying tax to as little as £40,000. That would [...]