Latest articles from Sally Hickey

Bank of England raises interest rates to 1.25%

News on the go

On the go: The Bank of England has raised interest rates for the fifth time in a row to 1.25 per cent.

FCA and TPR rule out new pension saving regulations

Nattanan Kanchanaprat/Pixabay

The Financial Conduct Authority and the Pensions Regulator do not plan on introducing any new regulations to help people when saving into a pension.

Lifetime allowance punishes disciplined savers, PensionBee says

News on the go

On the go: The lifetime allowance should be scrapped as it penalises disciplined savers, the chief executive of PensionBee has said.

Aegon invests £3bn in ESG range, NPT shifts to sustainable strategy

ESG spotlight

ESG spotlight: A roundup of the latest news on environmental, social and governance initiatives, with Aegon investing £3bn of its default funds in ESG, and the National Pension Trust shifting its default arrangement towards a green strategy.

Treasury aims new climate transition task force at companies

News on the go

On the go: The Treasury has created a task force to develop a ‘gold standard’ for UK companies’ climate transition plans.

Inflation hits 30-year high of 7%

News on the go

On the go: UK inflation hit a new high of 7 per cent in March, as the cost of living crisis continues.

Scottish Widows to divest £1.5bn from tobacco stocks

News on the go

On the go: Scottish Widows has said it will divest from any company that derives more than 10 per cent of its revenue from tobacco, in an expansion to its exclusions policy.

Industry split on auto-enrolment reform timetable

News on the go

On the go: Experts are split on whether increasing auto-enrolment contributions to 12 per cent can be achieved by the end of the decade.

Inflation hits 30-year high of 6.2%

News on the go

On the go: Inflation hit another record in February, piling the pressure on the chancellor to address the soaring cost of living in his Spring Statement on March 23.

Govt pledges to honour triple lock for rest of this parliament

News on the go

On the go: The state pension triple lock will be honoured for the remainder of this parliament, Thérèse Coffey has said.