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The 86 pension funds that make up the Local Government Pension Scheme (LGPS) have been working to pool their assets since 2016 in what is expected to be a 15-year project UK government ministers are growing impatient with a perceived ...

Mortgage holders, house hunters and savers will be affected by the Bank of England’s expected decision to increase the rate The Bank of England is expected to raise UK interest rates to 1.25% when the Monetary Policy Committee (MPC) meets ...

The average two-year fixed deal climbed by 0.35 percentage points to 2.71%, whilst the five-year fix rose to 2.78% L&C’s remortgage tracker revealed that the average of the low LTV two and five-year remortgage rates from the top ten lenders ...

Total retirement spending funded by equity release could top $4.81 billion this year and $6.01 billion in 2025, according to modelling by the Cebr Equity release finances around £1 ($1.20) in every £90 ($108) spent by retired people within the ...

The deal provides DA brokers who are members of TMA Club access to eConveyancer’s panel of more than 70 audited and benchmarked conveyancing firms eConveyancer has launched a new panel management partnership with TMA Club. The deal provides Directly Authorised ...

The launch comes after SNP won the 2021 Holyrood election on a manifesto which included a commitment to hold another referendum on Scotland’s place in the UK Scotland’s First Minister is to launch the first in a new series of ...

The latest LMS Monthly Remortgage Snapshot reported that 46% of borrowers remortgaging were taking on larger loans, increasing their mortgage repayments by an average of $274.53 a month The Exeter is urging advisers to start discussing income protection with their ...

Launched by Railpen and the CII, others backing the ICEV include the New York City Comptroller’s Office and the Washington State Investment Board Leading UK and U.S. pension investors managing more than $1 trillion have launched a campaign to stop ...

This second review will consider whether the rules around pensionable age are appropriate, based on the latest life expectancy data and other evidence The Department for Work and Pensions (DWP) recently launched a second review of the State Pension age, ...

29% of mortgage applicants whose household income is less than $77,487.60 were offered a loan size smaller than they requested Almost a third of people earning less than the median UK average income are unable to secure the mortgage loan ...

The schemes collectively have around $250.59bn in assets under management and represent some of the largest companies in the UK Twenty of some of the largest UK pension schemes have yet to establish net-zero targets, according to new analysis from ...

Reasons for someone having their benefits reduced include not attending a work-related interview, failing to start a new role, or refusing a job offer The number of people having their benefits sanctioned has more than doubled compared to before the ...

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