UK Pension News
Follow our blog for the latest UK pensions news, analysis and pension updates. All our articles are tailored to UK expats living in the USA. You can also follow us on LinkedIn for comments, tips, news and updates.
18 August, 2018
House of Fraser Likely to be Assessed by UK Pension Lifeboat
House of Fraser, the 169 year old UK retailer, entered into administration last week (10 August) before a subsequent £90m buy out by Sports Direct tycoon Mike Ashley. House of Fraser employs around 17,500 people and has two defined benefit (DB) pension schemes with a surplus of £97M on an accounting basis and liabilities of […]
14 May, 2018
UK Pension Regulator Reports Increase in Defined Benefit Pension Transfers
The UK Pension Regulator (TPR) has confirmed, in response to a freedom of information request, that over 72,000 defined benefit pension transfers occurred from 1 April 2017 – 31 March 2018 with the total value of these transfers being approximately £14.3bn.
2 May, 2018
Talking Pensions and More at the BABC British Expats Evening
We were proud to be able to co-sponsor and participate in the Northern California chapter of the British American Business Council’s annual British Expats Evening.
17 April, 2018
The Pound’s Biggest Post-Brexit Bounce Back. But Will it Last?
The GBP hit its highest post-Brexit valuation against the US dollar on 17th April 2018, with a 1.4354 exchange rate, making it the best performing currency of the year so far.
1 March, 2018
Women at 50 in the UK Have on Average Half the Pension of Men
According to analysis undertaken by the UK pension provider, Aegon, women by age 50 in the UK have on average pension savings of £56,000 whereas men at the same age have on average £112,000. When both men and women are early on in their careers, the gap was found to be much smaller with women […]
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