News

The funding position of DB schemes continued to improve in May — with the aggregate surplus of the 5,000-plus scheme in the PPF 7800 Index rising from £458.3 billion in April to...

The next government is being urged to scrap pensions tax relief in favour of a ‘savings bonus’ by the cross-party think tank the Social Market Foundation. It claims this would save the...

Rothesay has completed a £125m full scheme buy-in with the MPS Pension Scheme, which is sponsored by the Medical Protection Society Limited, a member-owned, non-profit organisation providing protection for physicians, dentists, and...

Independent Governance Group (IGG) has launched a new data-rich platform designed to enhance pension scheme management. This IGGiQ platform offers trustees and sponsors real-time access to a range of key metrics to...

iPensions Group, a specialist pension provider and administrator, has acquired a portfolio of SIPP and SSAS business from Morningstar Wealth retirement services, including the associated trust company. The SIPP and SSAS business...

Around 8 per cent of retirees aged 55 and older regret withdrawing from their pension before leaving full-time work with nearly half receiving no advice or guidance and only 27 per cent...

The number of private health admissions funded through medical insurance continues to rise, with significant increases in mental health and cancer claims.  The latest PHIN data, analysed by consultants Broadstone shows private...

The Labour Party is understood to have ditched plans to reintroduce the lifetime allowance (LTA) on pensions. This earlier pledge will not appear in the party’s election manifesto, according to report in...

The Financial Conduct Authority (FCA) recently released its latest retirement income market data report, which provides data on the decisions individuals made when accessing their pension benefits for the first time. This...

The information drought accompanying this April’s announcement that Aviva had completed the £453 million acquisition of AIG Life left us knowing little more than when the deal was originally announced last September.  At...