Economy

Wages continued to drop across the UK in the first quarter of this year, according to the latest ONS figures. However, many pay experts claim this may be relatively short-lived effect with...

Pension funds are increasingly looking towards frontier markets for diversification according to new research. This survey of European pension funds, institutional investors and wealth managers found that the majority  (85 per cent)...

The number of profit warnings from UK-listed companies with a DB schemes increased 46 per cent year on year, according to figures from accountants EY-Parthenon.  In total there were 19 of these...

As the world begins to open up for business again, the international medical insurance (IPMI) sector is watching to see how the pandemic will affect appetite for overseas assignments. After adapting cover to...

Rising inflation could create problems for DB schemes who have discretion to award inflation-linked increases. Aon points out that with inflation rising sharply granting higher payments could add £8bn of liabilities across...

Standard Life has now switched 87,000 members savings through its master trust default, into a new sustainable default option. This is the first stage of its process to transfer all its existing...

 A report published in October last year exposed a worrying link between pension schemes and climate change.The research, conducted by Make My Money Matter, an organisation which describes itself as a ‘people-powered...

Changes to the IR35 rules in April 2021 have clearly resulted in some self-employed workers joining company payrolls. But overall, the numbers of contractors, freelancers and other ‘non-traditional workers’ have been skyrocketing....

Prices rose by 7 per cent a year in March, according to the latest CPI inflation figures released from the Office of National Statistics this morning. This is the highest inflation rate...

Global and UK ESG funds have underperformed over the past 12 months, according to new data, although new regulation is expected to continue to drive money into this sector. Figures from AJ Bell...