News

Sickness absence rate reaches highest level since 2004, with 185.6 million working days lost in 2022. The Official National Statistics report that the sickness absence rate increased to 2.6 per cent in...

Pension savers have now reclaimed over £1bn in overtaxation on pension withdrawals since 2015, with more than £48m reclaimed in the first quarter of this year. HMRC data reveals that the average...

There was strong growth in the professional trustee market in 2022, with firms in this sector seeing revenues up by 14 per cent, according to new data from pension consultants Isio. This...

Royal London has appointed Ronnie Binnie to be head of strategic partnerships, where he will be part of the distribution leadership team.  Binnie has worked in the life and pensions industry for...

The Association of Medical Insurers and Intermediaries (amii) has terminated its membership of the Confederation of British Industry (CBI). This follows the revelation of damaging allegations regarding misconduct and sexual assault from...

Tumelo has appointed Alasdair Kinloch, formerly the global head of client experience at abrdn, as an advisor. Kinloch's expertise in working with asset owners, creating cutting-edge client and digital offerings, as well...

The UK government has proposed to remove the 3-day waiting period for sick pay and pay benefits from the first day of sickness absence instead. In a joint statement, MPs Priti Patel...

Over 43 per can of UK pension schemes are now targeting an insurance buy-out as their endgame solution, up from 35 per cent a year ago, according to a survey by Janus...

The Financial Conduct Authority (FCA) has provided guidance on risk management and operational arrangements for LDI managers in response to the recent recommendations made by the Bank of England's Financial Policy committee...

More than 50,000 people have left the NHS Pension Scheme this tax year due to affordability concerns caused by the cost-of-living crisis, according to Quilter. The data, which was obtained by submitting...