News

Marsh McLennan has appointed Chris Lay as CEO of Marsh McLennan UK, in addition to his responsibilities as CEO of Marsh UK, effective 1 March 2023. Lay will be in charge of...

Broadstone has agreed to acquire H&C Consulting Actuaries, an independent firm of consulting actuaries based in York. According to Broadstone, clients of H&C will experience no disruption in service because they will...

Right now, in a genuine effort to help their people, some employers – in MMB’s experience – are looking at reducing employee benefits with a view to shifting any savings on benefits...

Up to £250bn in DC assets may be invested in private equity by the end of the decade, according to Hymans Robertson. According to Hymans' paper titled, Illiquid Investment Embracing the Opportunities,...

The number of profit warnings issued by UK-listed companies with DB pension plans grew 22 per cent year over year in 2022. According to the most recent Profit Warning Analysis by EY-Parthenon,...

Cartwright, the defined benefit and hybrid pension specialist, has urged all schemes to exert pressure on their advisers to develop an up-to-date financing position as quickly as possible in order to avoid...

Fidelity International has appointed James Monk as an investment director in its Workplace Investing division. Monk joined Fidelity at the start of this month from Aon UK, where he was previously head...

Up to 522,000 economically inactive 50 to 64-year-olds, including 25,000 who had previously retired, are currently looking for work, according to labour market statistics, which could help with staff shortages. According to...

The overall funding level of UK pension plans remained roughly steady at 104 per cent on a long-term target basis in the first month of 2023, according to XPS Pensions Group Long-term...

One in five DC pension schemes reported an increase in requests to reduce contributions or to opt out of pension saving over the last three months, according to Aon. According to Aon’s...