Chancellor Rishi Sunak has confirmed a salary top-up scheme designed to minimise job losses over the next six months will be introduced on 1November as tighter Covid-19 restrictions remain in place.

A potential surge in pension transfer requests as a result of the economic fallout from lockdown could see demand for advice rocket, putting increased pressure on the profession, the Personal Finance Society (PFS) has warned.

Aegon UK’s pre-tax profits were up 17% in the first half of the year standing at £71m thanks in part to the success of its platform business.

Diversity initiative

The Bank of England has maintained the historic low 0.1% base rate and predicted a gloomy economic outlook for the UK in the face of the Covid-19 pandemic.

‘We will get through this’

Retirement Outcomes Review consultation

Retirement Outcomes Review