Question marks over pension protection fund rules

The Pension Protection Fund (PPF) is at a really interesting juncture in how its funding strategy will evolve now that it is currently undertaking a stakeholder engagement programme to support its ongoing strategy review. The PPF previously reported a probability of...

State pension could rise by £1,000 next year

Anyone who claims a State Pension could receive an extra £1,000 to their pension pot next April. It comes after the rate of inflation shot up, and the UK Government promised to reinstate the “triple lock”. The triple lock ties the State Pension to increase by either...

Interest rates to rise higher?

The Bank of England’s chief economist has admitted that the central bank faces its toughest challenge since independence in 1997 and signalled that interest rates need to rise further. Speaking in Cardiff, Huw Pill said that inflation’s surge to a 40-year high of 9%...

House prices at risk

House prices are at risk as spending power is set to take a big hit, the boss of Nationwide Building Society has warned. Joe Garner said higher prices and interest rates, together with steep rises in the cost of living, mean buying a home will be tougher. He believes...