Ajith Nair, Partner and Head of Portfolio Management & Research at Isio, comments ahead of Jackson Hole: “The 2026 Jackson Hole Economic Policy Symposium is likely to be less about immediate policy decisions and more about understanding the longer-term direction of monetary policy, central bank thinking and the implications for investors.
As the final bank holiday of the summer approaches, PensionBee looks at the growing appeal of taking a gap year later in life and the financial checks to make before packing your bags. The so-called “golden gap year” is an extended break in your 50s, 60s or beyond, offering the chance to travel, volunteer, learn something new or simply take some breathing space after decades of work and family responsibilities.
AJ Bell analysis of ONS data shows that in 2025, it was estimated that 6.45 million people in the UK are living together without being married or in a civil partnership – 13% of peopleThat includes 1.21 million people who are aged 55 and overThe number of older people living together without getting married is up 54% over the past decade
MCP connects AI agents to tools and data, while agent-to-agent architectures let specialist AI systems collaborate, helping make actuarial technology more automated, scalable and accessible. Just as the insurance industry has begun to understand Generative AI and Agentic AI, another set of technologies has emerged that promises to make AI systems much more useful in practice. These are multi-agent systems or agent-to-agent communication, and Model Context Protocol (MCP).
One in six (16%) people have hesitated or refused a pay rise, bonus or promotion because they were concerned that higher taxes or lost allowances could reduce the financial benefit. Over a fifth (21%) would consider turning down a pay rise if it meant they’d have to pay a higher rate of income tax, while 7% say the same about losing other support or allowances. Five years after the tax threshold freeze was announced, analysis shows the Personal Allowance would be £16,072 in 2026/27 had it kept pace with inflation - £3,502 higher than its current level
The Society of Pension Professionals (SPP) has submitted its response to the Department for Work and Pensions (DWP) discussion paper on key elements of the Scale Policy, warning that an extended regulatory timeline risks creating paralysis in industry planning, stifling innovation, and compressing execution risk as the 2030 deadline approaches.
FTSE 100 looks set to grind higher again, showing resilience amid a fresh sanctions squeeze on Iran and fresh tech turbulence. Gold and bitcoin hang onto sharp gains, as concerns about devaluation of the dollar bolster the assets. Nvidia faces an AI reality check this week with investors looking for evidence that spend will keep accelerating. Memory stocks feel the geopolitical squeeze as Chinese rivals gain ground and Apple finds itself caught between supply pressures and Washington’s national-security concerns. The super-wealthy Rausing family diversify away from America, cutting more than $1 billion of US equity exposure while increasing their position in Swedish private equity group EQT.
The proposed cap on salary sacrifice contributions for workplace pension savers caused more concern than may have been warranted. The annual threshold for such contributions will be set at £2,000 from April 2029 as outlined by the chancellor. But besides this being three years away, even once it has been implemented, salary sacrifice will still possess tax-efficient benefits. That means employers should continue to educate their workers on its merits.
With the Met Office predicting increased rain and storms due to the ‘largest’ El Niño weather event seen in a century, the ABI is urging people to use the upcoming Bank Holiday weekend to check their homes and make sure they’re prepared for bad weather this autumn and winter.
The case for a US rate hike is strong, but sequentially softer inflation data makes September less likely, according to James Bilson, Global Fixed Income Strategist at Schroders. The Federal Reserve (Fed) should hike rates. Inflation is too high, with no obvious indication it will soon return durably to its 2% target, and the labour market is stable around full employment. But we don’t think it is likely to at the next meeting.
This summer has shown how weather extremes can stack up, cause damage, and disrupt economic activity. Extreme heat in most of Europe has been accompanied by very dry conditions. Below-average rainfall has led to widespread dryness that, together with successive heatwaves, has intensified drought across Europe.
L&G has appointed Rachel Cutts as Head of Origination and Execution within its Institutional Retirement business. Rachel has been with L&G for nine years and has played a key role in the growth of its PRT business. Most recently, she served as Chief of Staff to Institutional Retirement CEO Gareth Mee, and prior to this as Execution Director leading complex transactions and working closely with trustees, advisers and EBCs across the market.
Canada Life today announces the appointment of Dominic Moret as Managing Director, Bulk Purchase Annuities (BPA) to drive scale and accelerate momentum behind the delivery of its BPA growth strategy, subject to regulatory approval.
£65,000 of a typical £100,000 pension pot comes from compound investment growth over time, compared to £18,000 in individual contributions. Yet only one in four (25%) people believe investment growth is the main driver of the final value of their pension pot, compared with two fifths (39%) who believe individual contributions make the biggest difference. This comes as one in five (21%) admit they consider retirement planning as something to worry about later
As Prime Minister Andy Burnham tours Britain in “listening mode”, shaping a 10-year plan to “bring back hope”, PensionBee looks at nearly 30 years of stock market history to ask whether who occupies No 10 really matters to your retirement savings.
Almost half (48%) of Gen Z say AI has changed their mind about a decision, compared with just 2% of the Silent Generation. Nearly a quarter (24%) of Gen Z would feel comfortable discussing financial worries with AI, compared with only 5% of Boomers. More than half (55%) of Gen Z trust AI and use it, compared with fewer than one in five (18%) of Boomers.
Markets tread water as fresh trade tensions and the threat of tougher Iran sanctions unsettle investors. Brent crude hovers around $93 a barrel as stand-off in the Middle East takes another twist. US-Canada trade talks collapse into a new tariff battle, adding to inflationary risks and Treasury yield concerns. Shein heads for Hong Kong with a much-reduced valuation as tariffs, regulation and changing shopping habits put its ultra-cheap model under pressure.
The world isn't facing a series of isolated shocks. It's experiencing a structural transition and investors need to build portfolios that can thrive in The New Paradigm. Rising geopolitical uncertainty, fracturing trade alliances, inflation volatility, technological disruption and mounting pressure on active management are not isolated challenges. At WTW, we view them as interconnected symptoms of a structural shift: a transition away from neoliberal economic order towards something fundamentally different, a more transformative economic model and an increasingly mercantile world.
As a new report from the ABI and PwC UK highlights how cyber insurance can further strengthen the UK's resilience to cyber risk, the ABI has also issued new guidance to help organisations better protect themselves against escalating and evolving cyber threats.
Investors stay wary amid a surge in borrowing costs, while the latest UK retail sales snapshot shows consumers turning more cautious with volumes down 0.5% in July. US Treasury buybacks failed to quell turmoil in bond markets, with long-dated debt yields rising again. UK government borrowing highlights the challenges ahead for the Burnham administration as pressure builds for more cost-of-living support, while higher oil prices threaten to add further inflationary pressure.
Inheritance Tax (IHT) receipts in July 2026 totalled £868 million, compared to the £844 million recorded in July 2025. This follows receipts of £871 million in June 2026 and comes after a fifth consecutive record year for IHT receipts, which reached £8.5 billion in 2025/26. HMRC’s latest Capital Gains Tax (CGT) data shows receipts of £194 million for July 2026, compared to the £165 million recorded in July 2025. This follows receipts of £192 million in June 2026.The figures come after a record year for CGT receipts, which reached £22.2 billion in 2025/26, significantly surpassing the previous record of £16.9 billion in 2022/23 and the £13.7 billion recorded in 2024/25.
The Society of Pension Professionals (SPP) has welcomed the Department for Work and Pensions’ draft Regulations on surplus flexibilities for DB pension schemes, saying they provide an appropriate framework for well-funded schemes to release surplus while protecting members.
More than a quarter of Brits have already changed their holiday plans this year, but for the millions travelling this bank holiday knowing what your travel insurance covers could be the most practical antidote. Searches for 'airport anxiety' have surged 250% in the past three months, and recent research from Go.Compare suggests the worry is well founded.
M&G plc (“M&G”) announces that it has completed an £85 million Bulk Purchase Annuity (BPA) transaction, securing the pension benefits of 740 members and their dependants for the Altro Pension Scheme of Altro Limited, a UK-based manufacturing company specialising in flooring, wall cladding solutions and car care products through its Autoglym division.
The Financial Conduct Authority (FCA) is warning consumers about the risks of investing in loan notes and mini-bonds issued by unregulated companies, after continuing to see people lose money in these high-risk investments.