Group risk products should target gig economy
Two out of three employee benefit consultants would like to see more protection products for those working in the gig economy. A survey, by MetLife, found more than half of EBCs said...
Auto-enrolment
Workplace savings report: providers ranked/default now seen as crucial
The data shows investment proposition is now even more influential than charges and efficiency of administration, with 66 per cent of consultants and advisers citing as one of the four most important...
Women’s state pension age equalised with men
Women who turn 65 today (November 6) will receive their state pension at the same time as men. But despite this parity, many in the industry have pointed out that women's pensions...
Withdrawals under pension freedoms hit record high
The number of people making withdrawals from their pensions has hit a record high, according to the latest HMRC figures. In the third quarter of 2018 there were 585,000 withdrawals made under...
One in two SMEs switch AE provider
This research, by master trust provider Welplan Pensions, revealed a fluid auto-enrolment landscape, with small and medium sized businesses looking to change their pension provider if returns were poorer than expected, or...
Minister urges pension funds to improve environmental credentials
His comments come as 30 of the UK’s largest companies - including HSBC and John Lewis - pledged to tackle climate change in support of the Government's ‘Green Great Britain Week’. To...
FCA and TPR launch “joined up” pensions strategy
The Financial Conduct Authority and the Pensions Regulator have announced a joint regulatory strategy aimed at improving retirement outcomes for consumers. This will include a wide-ranging strategy review next year, which will...
Master trust roundtable: Winning on trust
The debate over whether trust or contract pension arrangements are superior is decades old. Yet with such a high level of regulatory change, product development and scale on the master trust side, the answer to the question...
Aegon appoints new head of master trusts
Following the acquisition of BlackRock’s UK defined contribution platform and administration business, Aegon has promoted Kate Smith to the new role of head of master trust. Smith, who joined Aegon in 2006,...
Smart Pension appoints chief strategy officer
Darracott joins from Legal & General Investment Management where she worked for 12 years, most recently as head of digital investing. She also led LGIM’s investment into Smart three years ago. In...
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