The Bank of England’s report looks at the pension industry’s response to the liability driven investment (LDI) crisis. Over a four-day period from 21 September 2022 30-year gilt yields…
Finance
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Overall mortgage lending is expected to fall 15% – a return to pre-pandemic levels. Property transactions are predicted to fall by 21% next year. Strong demand for refinancing as…
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Pensioners urged to check Pension Credit eligibility as cost-of-living payment deadline looms
by umaPension Credit claimants are entitled to a £324 cost of living payment as well as further payments of £900 to be paid next year. The deadline for submitting a…
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One quarter of people said they planned to downsize their home in retirement. Over a third (37%) said they wouldn’t, with the remainder saying they were unsure. Reasons given…
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Private pension incomes of under pensioned groups remain below three-quarters of average population private pension incomes. Under pensioned groups include women, ethnic minorities, carers, people with disabilities and the…
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As the demand for financial services talent continues apace, CFOs have warned that the spiralling upward wage rises cannot be sustained if profits are to be protected, the latest findings…
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Only 41% of people could cope in retirement if they didn’t receive a share of their partner’s pension. This plummets to around a quarter (26%) of women. Just over…
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Payroll innovation has accelerated in 2022, with expert CloudPay reporting increased demand for Instant Salary Payments
by umaThe desire for standardisation, speed and cost efficiency, across global payroll and treasury systems has driven a spike in demand for Instant Salary Payments, Earned Wage Access (EWA) and integrated…
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By Liza Gatrell, Senior Associate at Stowe Family Law Economic and financial abuse is not just confined to the wealthy. It can exist in any relationship and affect people from…
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Savings deposits held by CACI member institutions tops £1 trillion for the first time, Paragon Bank analysis finds Latest figures record a £6billion month-on-month rise in deposits Deposits…