The government has confirmed that, after its latest review, auto-enrolment thresholds will be held at their current levels for the next year. It means the automatic enrolment earnings trigger will remain at £10,000. Meanwhile the lower earnings limit of the qualifying earnings band will remain at £6,240 for 2023/24 and the upper earnings limit will […]

A former analyst at asset manager Janus Henderson has been charged along with four others with conspiracy to commit insider dealing and money laundering from which they pocketed £1.5m. Redinel Korfuzi, 35, has been charged with offences that occurred between 17 December 2019 and 25 March 2021. The Financial Conduct Authority has alleged that Mr […]

Defined benefit transfer values fell by more than a third last year as investor concerns over UK debt drove gilt yields higher, according to new analysis. Pension consulting and admin firm XPS Pensions Group said transfer values fell 36% over the year. Its Transfer Value Index fell by 4% in December as a result of […]

Simon Foster has been appointed chief executive of BW SIPP taking over from Julia Bassett who had held the position for 13 years. Mr Foster’s appointment is subject to FCA approval. He has been with BW for three years as head of proposition and implementation. {loadposition hidden2} Before joining BW in 2019 he was with […]