News

Aviva has bought AIG Life for £460m as it looks to further expand its footprint in the UK protection market.  As a result of this deal Aviva will acquire 1.4m group protection...

Aon says the proposals to accelerate investment pooling in the UK Department for Levelling Up, Housing & Communities’ consultation ‘LGPS England and Wales: Next steps on investment’, come with governance risks and...

In two-and-a-half-years’ time I will be in a spot of bother. I am one of millions, and unless something drastically changes, the repercussions are going to be enormous for me and for...

The advice and guidance boundary review remains a political and regulatory priority, with both the Treasury and the Financial Conduct Authority working on the project.  The current review is part of the...

Over the past year, increased pension scheme funding levels have allowed 54 per cent of UK pension schemes to bring forward their endgames, according to WTW. The survey of 84 pension schemes, conducted...

The Bank of England has kept interest rates on hold at 5.25 per cent — after 14 consecutive rate rises. An additional rate increase was widely anticipated earlier this week, but yesterday's lower-than-anticipated...

Colleagues at Hymans Robertson are mourning the unexpected death of equity member and senior actuary Patrick Bloomfield. Bloomfield had over 25 years of experience within the pensions industry having joined Hymans Robertson...

The government's changes in net-zero goals are unlikely to significantly influence trustee approaches, according to the Independent Governance Group (IGG). Rishi Sunak revised earlier climate commitments, delaying the ban on new petrol...

PASA has provided some updated guidance on GMP (Guaranteed Minimum Pension) conversion. An article from Pasa’s Data Working Group titled, ‘What have we learnt about data requirements for GMP conversion?’, has provided...

Smart Pension has invested £550m in the AMX-DWS global low carbon stewardship fund. The fund is one of the first pooled funds to provide institutional investors with split voting within a pooled...