News

Furloughed workers have been forced to borrow money on loans or credit cards, or borrow from friends and family to sustain income levels during the pandemic according to new research. Canada Life...

Phoenix Group has made a number of senior appointments to its bulk purchase annuities team. It has appointed Mark Fenlon to be the head of its annuity client services team while Matt...

The law firm BDB Pitmans has joined the trade body Group Risk Development (Grid).  The law firm has worked on group life and excepted group life trusts for employers, insurers and independent...

An estimated £45bn was paid out of the FTSE350 defined benefit schemes following the introduction of Pension Freedom reforms in 2015. Analysis from Barnett Waddingham found just over £200bn was paid out...

Trustees should actively consider how to increase investment in less liquid assets and pension consultants should endorse their efforts to do so and integrate allocations to less liquid assets into their recommendations,...

A third of women are withdrawing 25 per cent of their pension at age 55, with nearly one in three putting the money into very low interest savings accounts, according to a...

Unum has appointed John Hyde to be its chief marketing officer. Hyde joins from Hastings Direct, where he was head of growth products. Prior to this he worked at Legal & General...

Almost half of currently furloughed workers have changed their retirement plans as the government’s furlough scheme comes to an end this month. Research by Canada Life found that 28 per cent of...

Investment returns, employment, policy and individual saving behaviours could all impact the resilience of DC schemes following a volatile 2020 stock market, says the Pensions Policy Institute (PPI). PPI has published its...

Uber has partnered with Now: Pensions and Adecco to create the first ever pension scheme for flexible workers in the private hire vehicle industry. Uber will begin rolling out the new pension...