3 in 5 pension schemes fail to consider climate change

Too few pension schemes take climate-related risks and opportunities into account when devising investment strategies, according to a new report by The Pensions Regulator (TPR), which could potentially harm investment performance and leave savers worse off in...

Sunak cuts air passenger and alcohol duties

Chancellor Rishi Sunak revealed a range of changes to duties on air travel, alcohol, while freezing fuel duty for the 12th consecutive year during his Autumn Budget 2021 speech. Fuel duty The future for fuel duty would have been on the minds of many watching the...

Autumn Budget 2021: expectations

Chancellor Rishi Sunak will deliver his Autumn Budget speech in the House of Commons this afternoon, which is expected to be focused on restoring confidence in public finances following the COVID-19 pandemic and amid an increasing cost of living. The Autumn Budget...

State pensions set to rise 3.1% in 2022/23

The state pension is to increase by £290 a year (£5.50 per week) in April 2022, after the Consumer Prices Index hit 3.1% in September, the third highest pension increase since the introduction of the triple-lock. Retirees were recently told their incomes would rise...