Salary sacrifice changes in 2029

HMRC estimates that nearly 7.7 million employees in the UK currently use salary sacrifice to make pension contributions. With many benefitting from this arrangement, the Government’s plan to introduce a £2,000 annual cap on contributions has sparked significant debate. Whilst salary sacrifice is not disappearing, the proposed cap creates some important questions about benefit and reward design. The changes could increase employment costs, reduce take-home pay for some employees and create new administrative and communication challenges for employers.

What FCA supervision means for governance and insurance

As the FCA's focus shifts from operational resilience implementation to ongoing supervision, its observations are becoming a valuable source of risk intelligence for alternative investment managers. This article explores how firms can use supervisory insights to challenge assumptions, strengthen governance and reassess whether their operational resilience and insurance arrangements remain aligned to an evolving operating model shaped by technology, outsourcing and emerging risks such as AI adoption.

Recent AI developments: considerations for investors

Developments in AI are moving rapidly from technical milestones to broader questions about safety, governance and economic disruption. For investors and pension schemes, the implications range from operational and systemic risks to labour-market changes and shifting stewardship priorities. Below, we discuss three recent AI stories and consider their importance from an investment perspective. Recent revelations about the ‘Hugging Face incident’ have intensified debate about AI safety.

Building Sovereign Disaster Resilience

 

Lifestyle Actuary

Dalriada Trustees Limited (Dalriada), one of the largest providers of professional trustee services to pensions schemes in the UK, has today announced the appointment of Sarah Brough as a professional trustee.

Lights Camera Actuary

For the next few months Zoe Bolton will be talking to the senior actuaries in these firms, getting a brief insight into their career paths and visions for the future. This month Zoe interviews Shil Patel the UK Managing Director at Dynamo Analytics

Travelling Actuary

This month's Travelling Actuary takes us to the iconic Boston to experience New England at it’s very best.

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