News

PIB Employee Benefits has acquired Amba, a benefits technology firm with a focus on sustainability and ESG.  This is PIB’s second technology acquisition within the past year, having bought YouatWork in April...

The BT Pension Scheme (BTPS), one of the UK’s largest pension schemes, has completed two significant reinsurance transactions, covering £10bn of liabilities. These deals protect the scheme, which has 260,000 members and...

Government receipts for both inheritance tax and insurance premium tax have reached record levels, according to new HMRC data.  Its figures show that IHT receipts for the first 11 months of this...

The insurance industry welcomed the initial findings of a Government-backed report into ill-heath and economic inactivity in the UK.  The Department of Work & Pensions has commissioned an ongoing “Keep Britain Working”...

More than two thirds of employers now offers a responsibly invested company pension - but less than half have this as the default option. These findings, in Scottish Widows’ latest Responsible Investment...

The Bank of England has voted to keep interest rates on hold at 4.5 per cent. This decision was widely expected amid ongoing a background of economic uncertainty and a surprise increase...

Working To Wellbeing has appointed Sam Walton as its new partnerships manager.  Walton joins from AIG Life and prior to this has worked for Vitality and LV=.  She has 25 years of...

Secondsight, part of Foster Denovo, has appointed John Dean to lead its health and protection practice. Dean will take over from Anne Drugnick who will return to a consulting role within the...

Younger employees are disproportionately impacted by long-term illness, with 66 per cent of workers aged 18–24 taking more than two weeks of sick leave in the past five years. According to a...

The European Commission has published its strategy on strengthening the continent’s financial system and boosting investment into productive finance via a new Savings and Investments Union (SIU). The new initiative, references the...