News

FTSE 350 has achieved a record funding surplus, increasing from £51bn at the end of April 2023 to £69bn by the end of May 2023. According to Mercer’s pensions risk survey data...

Almost one in two adults say they will be working beyond state pension age, with one in seven claiming they may never be able to afford to retire amid the current cost-of-living...

The European Commission is proposing new regulation for ESG ratings and data providers, a move which have been welcomed by the fund management industry. These regulations are designed to address a lack...

Around 1.48 million over 65s have rejoined employment between February to April 2023, surpassing the previous peak of 1.47 million from April to June 2022, according to the latest labour market figures....

Just Group has appointed Tom Bulpitt as director of pricing and reinsurance for its defined benefit de-risking business. Bulpitt, who will be reporting to managing director Pretty Sagoo, is a life actuary...

The aggregate surplus of defined benefit schemes rose markedly in May as rising gilt yields drove funding levels higher, alongside a change in the PPF methodology. The PPF 7800 Index showed that...

The majority of employers are failing to utilise commonly available support services, such as virtual GPs, EAPs or rehab services.  Research by Grid found that the usage of these services remained low,...

WTW has appointed Diya Luke as the global head of investments. Luke will be in charge of implementing the company's global expansion strategy for the Investments division. She succeeds Chris Ford, who...

Last year proved to be a crucial turning point for UK-defined benefit pension schemes as rising yields led to a reduction in long-term funding target timeframes, according to Barnett Waddingham. Barnett Waddingham...

Scottish Widows and the Harrods Group Pension Plan (the "Plan"), sponsored by Harrods Holding Limited, have completed a  £400m full scheme buy-in. XPS served as the principal transaction adviser, and CMS provided legal...