Defined benefit transfers hit their highest level for a year despite repeated signals from the FCA that it is unsatisfied with transfer advice decision-making. XPS Pensions Group’s Transfer Activity Index recorded an increase in the...
Large pension schemes will be compelled to report on their climate change strategies under an amendment to the Pension Schemes Bill published today. The PLSA has attacked the amendment as a dangerous...
The former head of a charity for the disabled has been jailed for five years for defrauding the charity’s pension scheme out of more than £250,000. Patrick McLarry, 71, took funds from...
The Pensions Regulator should investigate why two thirds of pension scheme trustees are failing to comply with their environmental, social and governance (ESG) obligations, a new report from the UK Sustainable Investment and...
Defined contribution (DC) assets across the world’s six largest pension markets exceeded defined benefit (DB) assets for the first time in 2019, research from the Thinking Ahead Institute has found. The research...
Investors in workplace pensions have received returns 16.8 per cent higher than investors using financial advisers in the five years to Q3, 2019, new research from Corporate Adviser reveals. Older investors, with...
The Cheviot Trust delivered the highest returns for savers in the pre-retirement phase, for those five years before state pension age, returning 10.6 per cent a year annualised before charges in the...
Now: Pensions, the master trust that has sat at the bottom of the workplace pension default performance tables for several years, delivered the sector’s strongest performance in the year to Q3 2019,...
The Pensions Regulator is conducting spot checks among the UK’s largest employers to ensure they are meeting their auto-enrolment obligations. This includes banks, local authorities, supermarkets and national charities. These short-notice inspections,...
Dan Melley has rejoined Mercer, where he will take on the role as UK commercial lead of investment solutions. Melley previously worked for Mercer for 17 years, and led the launch of...
