News

The group risk industry paid out £2.21bn in claims in 2022, a figure that is down by £12.3m on the previous year. Figures from Group Risk Development (Grid) show this is due...

The Financial Reporting Council (FRC) has published a consultation to revise Technical Actuarial Standard 300 (TAS 300) and introduce Technical Actuarial Standard 310 (TAS 310), aimed at ensuring the actuarial standards in relation...

What is driving growth in the cash plan market?  Employee health and wellbeing has moved up the corporate agenda since the Covid pandemic. We now see companies across all sectors looking to...

Despite the increase in activity in the risk transfer market, any schemes still have some way to go on their de-risking journey, according to a recent survey by pensions law firm Sackers. ...

A record number of people were received less state pension than they should last year according to the latest figures from the Department of Work and Pensions.  Its figures show that state...

Despite successful efforts to bring a distanced workforce closer together, barriers still exist that challenge women in leadership to communicate effectively. Voluntary attrition is higher among women leaders than men. In director...

The Pensions Dashboards Programme (PDP) urged providers to continue with progress, despite the delays to implementation, although it confirmed it is working on a new timetable with government and regulators.  In its...

Hundreds of ETF funds have been downgraded from Article 9 to Article 8 after the EU introduced new rules on classifying sustainable investment funds. This reclassification followed the introduction of  'level 2’...

What does the data tell us about the way defined contribution (DC) savers are currently transitioning into retirement? The headline figures show that 85-90 per cent of retirees are fully cashing out,...

The goal of bridging the advice gap is to secure the financial wellbeing of more people in the UK. If we are to stand a chance of making any headway in achieving...