Rachel Reeves’ Mansion House Speech, and the interim report of the Pensions Investment Review, talk about the proposed consolidation reforms taking effect from ‘2030 at the earliest’. But their impact is being...
If there was ever an opportunity for a Chancellor to ‘mic drop, exit stage left’ at the end of a speech, the Mansion House speech was it. The Budget lacked of any...
The surplus of UK pension schemes against long-term targets remained steady at £211bn in November 2024, up from £205bn in October, according to XPS Group. Liabilities increased in value, and financing levels...
The Pension Protection Fund (PPF) has revised its figures on the state of the finances of DB schemes. These show a lower overall level of estimated buyout funding for UK DB schemes,...
Private medical insurer UnitedHealth Group has expressed its shock and sadness at the shooting of its CEO Brian Thompson in New York last night. Thompson (pictured) was shot dead yesterday morning outside...
BlackRock has expanded its footprint in private credit with the purchase of HPS Investment Partners for $12bn. Both firms agreed on the outline of a deal last week with confirmation and details....
The Pensions Regulator (TPR) has published updated covenant guidance for defined benefit trustees, that is aligned with its new funding code. This update provides greater certainty over how TPR expects trustees to...
Foster Denovo has acquired Brian Mole Independent Financial Advisers for an undisclosed sum as it expands across the Midlands. Based in Burton-upon-Trent, Staffordshire, the practice becomes part of the financial advisory group after...
Canada Life has made two senior non-executives appointments to its board as it looks to transform and modernise its UK business. It has appointed Andy Parsons as an independent non-executive director. Parsons...
People’s Partnership has appointed Phil Butler as deputy chief investment officer. Butler joins from M&G, where he was a multi-asset portfolio manager in the Treasury and Investment Office. In this new role...
