Aston Lark makes 50th acquisition
Aston Lark announces UKGlobal as its 50th acquisition since its formation in 2018. UKGlobal Broking Group arranges insurance for a wide range of commercial sectors, as well as private clients, through a...
News
The People’s Pension appoint new chair to trustee board
The People’s Pension has appointed Mark Condron to be the new chair of its trustee board. Condron, a fellow of the Institute and Faculty of Actuaries and an accredited professional trustee, has...
DC schemes require updated investment approach – Aon
The investing approach of UK defined contribution (DC) schemes needs to be reviewed and refined due to changing member needs and market conditions, according to Aon. According to Aon’s 2022 UK DC...
Canada Life completes buy-in of Nationwide DB fund
Canada Life has completed a £172m buy-in of the Nationwide Building Society’s closed DB pension fund. The transaction relates to pensions in the fund’s Cheshire and Derbyshire section and insures the fund...
CA Report: Defaults surge 16pc in 2021 – 14pc difference in at-retirement outcomes
The average growth phase default fund saw a 16.58 per cent pre-charge return in 2021, as markets bounced back from the Covid-19 pandemic, according to data from the Corporate Adviser Master Trust...
Aviva boosts support for PMI customers living with cancer
Aviva has introduced new cancer support services for its private medical insurance customers with cancer, including individuals and small businesses, as well as major corporate plans with cancer coverage. Aviva has created...
Analysis: Can carbon trading help schemes hit net zero?
A report published in October last year exposed a worrying link between pension schemes and climate change.The research, conducted by Make My Money Matter, an organisation which describes itself as a ‘people-powered...
Two-thirds risk potential financial shortfall in later life – research
Nearly two-thirds of UK adults or 62 per cent admit to focusing on the early, active stages when thinking about retirement, according to new insights from Standard Life, part of Phoenix Group....
Rita Butler-Jones: Driving consolidation through value
What are the new VFM regulations, and how will they impact trustees? There has been a lot of talk about ‘value for money’ regulations, but we prefer to think about ‘value for...
Employers warned to avoid ‘inflexible’ health and wellbeing benefits
Businesses are being warned that many employee benefits packages are too inflexible when it comes to health and wellbeing support. RedArc, the nurse-led wellbeing provider, said that many employers are now doing...
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