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Monthly Archives: December 2016
Can simplification save protection?
Simplification is regarded by many as part of the solution to poor take-up rates of protection products. The recent Chartered Insurance Institute report, Building Resilient Households, states possible changes to the way products are designed and underwritten may be a … Continue reading
Defined benefit pension transfer values ‘shooting up’
Six million people with defined benefit pensions have seen their transfer values shoot up in the last year, according to a major insurance company. Under the rules of most defined benefit schemes, workers have the right to swap their pension … Continue reading
UK to spend record £500bn on infrastructure investment
Last week, the UK government outlined its infrastructure investment pipeline which will see £500bn worth of projects set to be undertaken over the coming years. Following Chancellor Philip Hammond’s first Autumn Statement speech last month, in which he announced plans … Continue reading
ECB Scales back QE to €60bn a month
The European Central Bank has announced it will extend its monthly asset purchase programme beyond March 2017 but will reduce it from €80bn to €60bn from April. In today’s meeting of its Governing Council, the ECB said the quantitative easing … Continue reading
Women’s pensions unlikely to catch men’s, report finds.
Men will continue to have larger pension pots than women, despite retirement inequalities reducing over the last six years, according to a report from the Pensions Policy Institute. The report says that since 2010, women aged over 50 have experienced … Continue reading
The Autumn Statement – What it means for your Personal Finances.
While Philip Hammond may not have set the world alight with his surprise free statement, it did contain plenty of small changes that will affect your bank balance. Here’s some things you should know: A new savings bond will be … Continue reading