MetLife UK has expanded access to its Life and Legacy services to include employees’ parents and in-laws under its group life policies. The move is in partnership with funeral planning provider Everest,...
The value of DB transfers have increased for the first time this year according to data from XPS Group. Its transfer value index increased to a month-end value of £141,000 on June,...
Government, regulators and major pension providers have launched the ‘Pound for Pound’ initiative, a pilot designed to test value-based metrics ahead of the forthcoming Value for Money framework. The initiative was unveiled...
XPS Group's trading solution, Xchange, has facilitated over £330 million worth of deals for pension schemes trading illiquid assets on the secondary market. XPS has been helping schemes trade these types of...
The Personal Finance Society (PFS) has launched a £1 million programme aimed at tackling the decline in new entrants to the financial advice profession. The three-year initiative called Pathway to the Profession...
The majority of defined contribution (DC) pension savers, 97 per cent, support investing their retirement savings into affordable housing, viewing it as a key social issue, according to research from Legal &...
Younger adults feel the most confident about their likely standard of living when they retire. More than four in 10 (44%) people aged 18–28 (Gen Z) expect their standard of living to...
Aviva has launched a new ‘flex first, fix later’ guided retirement solution for its workplace customers. This is initially available to those saving through Aviva’s master trust, with a view to rolling...
Making sure people have enough money in retirement remains one of the most pressing challenges facing the UK pensions industry. Auto-enrolment and Pension Freedoms reshaped how we save and spend, but with...
With pension adequacy firmly in the spotlight this month as the government unveiled a new pension commission, the pace of change around pensions isn’t letting up. Figures persistently show too many people are...
