News

The group risk industry paid a record £1.76bn amount in claims during 2019. New data published by Group Risk Development (Grid) showed that the total claims paid in 2019 rose by £75m...

The total deaths from Covid-19 are likely to be around 60,000, double the official number according to longevity experts Club Vita. This actuarial and insurance organisation says that delays and omissions in...

AIG Life is offering a new next day private prescription service to all its protection insurance policyholders. This is an extension to the insurer’s Smart Health proposition, and will see prescriptions delivered...

Only 5 to 10 per cent of sponsoring companies are expected to suspend or reduce deficit contributions into DB pension schemes, according to research from the Society of Pension Professionals. In a...

TPT Retirement Solutions has appointed Helena Dumycz as its new head of employer relationships. Dumycz, a qualified actuary, has 18 years’ experience in the pensions sector and has worked in consulting and...

Before trustees allow employers to delay making contributions into DB schemes, they need to consider how they would ‘switch on’ payment mechanisms again. This warning comes from LCP partner Steven Taylor. He...

Punter Southall Aspire is withdrawing from the master trust market. The firm currently runs the Aspire Savings Trust. Trustee will now begin the process of identifying a new master trust provider to...

Despite widespread disruption caused by Covid-19, employee productivity remains remarkably resilient, according to new research. Willis Towers Watson found two-third of companies of the companies surveyed said the majority of their staff...

A digital financial adviser run by the Queen's cousin has launched this week, offering free-of-charge advice to NHS staff. Fintuity, which is launching its new financial advice service this week, is offering...

Mel Charles has been named the new director of automatic enrolment at The Pensions Regulator after nine years with the organisation. His role will include supporting employers as they navigate the current...