News

MetLife UK paid out £252m in employee benefit claims last year, after increasing the number of people covered on its group life and group income protection plans. The lion’s share of this...

NatWest Group has agreed to acquire Evelyn Partners in a £2.7bn deal, which will result in the group overseeing more than £127bn of assets under management and total customer assets and liabilities...

The Financial Reporting Council (FRC) has launched a consultation on its proposed amendments to the actuarial standards, to ensure they remain fit for purpose with the advent of CDC schemes. The amendments...

UK defined benefit (DB) pension schemes have become stronger and more flexible, but trustees still face key decisions as market conditions and policy change, according to the Society of Pension Professionals (SPP)....

Investors need to look beyond the tradition equity-bond portfolio model if they want to deliver positive real returns, given the “clear” but “inconsistent” impact of inflation, according to new research from Aon....

Funding has improved across both the fully hedged and 50 per cent hedged DB pension schemes, according to the Broadstone Sirius Index. According to the index, the funding level of the fully...

Square Health has renewed a multi-year partnership to power Aviva’s DigiCare+ and Digital GP apps. The agreement secures the ongoing delivery and development of Aviva Digital GP, DigiCare+, and DigiCare+ Workplace, Aviva’s...

Barnett Waddingham will now run the actuarial and administration services for the Carlsberg UK pension scheme. This DB scheme currently holds around £500m of assets and has 4,000 members.  Barnett Waddingham will...

Benifex has partnered with Carrot to make fertility, family-building and hormonal health benefits available to employers across the UK and Europe. Under the partnership, Carrot will be offered through the Benifex Marketplace,...

Budget changes to pension salary sacrifice, expected to raise £4.8bn, could affect far more workers than the 3.3 million previously identified. From 2029/30, any employee pension contributions over £2,000 made via salary...