United Kingdom
Investment | 19 Mar 26
House of Lords votes to scrap government power to mandate where pension schemes invest
It comes as a blow to pensions minister Torsten Bell, who has been adamant about keeping the reserve power
Latest news | 19 Mar 26
Bank of England holds base rate at 3.75% as increases now expected later this year
The UK’s base rate had been predicted to gradually come down over the course of 2026, but the war in Iran has shifted expectations
Inheritance tax on pensions gets the final green light despite industry pushback
From April 2027, pensions will form part of someone’s estate for IHT purposes when they die
Latest news | 16 Mar 26
Government to revamp Financial Ombudsman Service
Changes are in response to concerns the FOS has acted as a quasi-regulator
Latest news | 16 Mar 26
Parliamentary group calls for overhaul of UK financial regulation
All-Party Parliamentary Group (APPG) on Investment Fraud and Fairer Financial Services is pressing for a Royal Commission