Financial concerns fuelling presenteeism in workplace
More than two out of three employees (68 per cent) have worked while feeling ill or unwell over the past two years according to the latest research from Canada Life. The group...
News
Unum UK appoints chief information and digital officer
Unum UK has appointed Lio Lopez-Welsch as its new chief information and digital officer. Lopez-Welsch joins Unum UK from Aegon UK where he was CIO and also held a non-executive director role...
DB trustees looking to fixed income options
Higher interest rates and better funding levels are prompting more DB trustees to look at fixed income end-game options, according to the Pensions Management Institute’s latest research. Its survey, conduced with Schroders...
Breaking: Hunt to slam door on poorly performing DC funds
Poorly performing pension funds will be closed to new business and providers will be required to show how much they invest in UK businesses under reforms unveiled by Chancellor Jeremy Hunt today....
Aegon sees surge in new DC business
Aegon has reported a surge in new workplace pensions business, with a 31 per cent year-on-year increase in gross deposits, with £6.9bn of assets moving to the provider. Its results to the...
Isio receives Living Pension accreditation
Isio has received official recognition as a Living Pension employer ahead of the first anniversary of the initiative's launch. Isio is the first pensions consultancy to achieve this accreditation. The Living Pension,...
New DB funding regime expected to minimally affect scheme closures
The pace of scheme closures is anticipated to see minimal change with the implementation of the new DB funding regime, according to the Society of Pension Professionals (SPP) members. Around 200 members...
L&G back ‘targeted support’ to bridge advice gap
Legal & General is the latest pension provider to back the introduction of ‘targeted support’ as part of a regulatory shake-up of advice and guidance. In its response to the discussion paper...
Katharine Moxham: Changes to LTA remove ‘punitive’ tax charge
Last year the government announced it was abolishing the Lifetime Allowance (LTA). This potentially impacts group life insurance, with many companies previously setting up excepted group life policies to avoid tax charges...
AJ Bell latest to back proposed financial guidance reforms
AJ Bell is the latest to back 'targeted support' in response to the government’s consultation on redrafting rules around advice and guidance. AJ Bell welcomes the proposed changes to financial advice, describing...
