UK pension industry bodies in September 2026 urged the government to overhaul the General Levy framework before pushing through proposed increases, warning the changes could unfairly burden large schemes and undermine consolidation goals. Responding to the DWP’s consultation on the Occupational and Personal Pension Schemes General Levy Regulations Review 2026, Pensions UK acknowledged the need to address the levy deficit funding bodies such as The Pensions Regulator, the Money
OECD-wide annual inflation held steady at 4.1% in July 2026, following a decline in June, as increases in 13 member countries were largely offset by declines in 14 others, with 11 more remaining stable. Energy inflation stayed above 10% for a fourth consecutive month, reaching 11.6%, while core inflation (excluding food and energy) remained flat at 3.6%. Food inflation eased to 3.2% from 3.4% in June, with 23 OECD
Aon in August 2026 confoirmed it had agreed to acquire USI Insurance Services from KKR and other shareholders in a $17 billion deal, marking its second major middle-market push in two years following the 2023 NFP acquisition. On a net basis, accounting for roughly $278 million in tax attributes, the price comes to $16.7 billion, or about 14.5 times USI’s synergized trailing-twelve-month adjusted EBITDA. USI, the tenth-largest US insurance
Small and medium enterprises (SME) continue to face challenging financing conditions with borrowing costs well above pre-COVID levels and new lending volumes remaining 20% lower than 2019 in real terms, according to a new OECD report published in August 2026. The financing squeeze is intensifying as lenders demand greater security from SME borrowers. The share of small businesses required to provide collateral jumped 5 percentage points to reach 53%