LGPS funding surges to record 147pc
The aggregate funding level for the 87 funds in the Local Government Pension Scheme (LGPS) in England and Wales rose from 126 per cent at the end of March to a record...
The aggregate funding level for the 87 funds in the Local Government Pension Scheme (LGPS) in England and Wales rose from 126 per cent at the end of March to a record...
Collective Defined Contribution (CDC) schemes could increase retirement incomes for UK savers by up to 60 per cent compared with annuities, while offering more secure lifetime income, according to Hymans Robertson. The...
The Investing and Saving Alliance (Tisa) has urged the Financial Conduct Authority (FCA) to revise elements of its proposed targeted support regime, warning that parts of the draft rules could create confusion...
Tributes have been paid to the former chief executive of Aviva, David Barral, who died in a traffic accident on Tuesday (October 14). Barral, who was just 63, was chief executive of...
Cash plans have long been a staple of employee benefits but as expectations around workplace health and wellbeing change, the sector is looking again at the role these products play in the...
Australian pension fund investment in the UK and Europe is expected to more than double over the next decade to around £323bn by 2035, according to a new report commissioned by IFM...
Pension providers have invested £1.6bn in unlisted equities in the two years since the Mansion House Compact. This remains less than 1 per cent of DC assets. Under the terms of this...
Reframe Cancer has appointed Denise Wond as marketing director. Wond will head up Reframe’s marketing function and report directly to CEO Mark Stephenson. She has previously led marketing functions at Royal London,...
The world largest private asset manager Blackstone, is launching a new business unit focused on the DC pension sector. This new DC department will sit within its private wealth division and focus...
The majority of UK employers believe that pension-related benefits are key to business success, according to new research from Scottish Widows. The study found that 88 per cent of firms view pensions...