An estimated £45bn was paid out of the FTSE350 defined benefit schemes following the introduction of Pension Freedom reforms in 2015. Analysis from Barnett Waddingham found just over £200bn was paid out...
Isio Group, the pension consultancy spun out of KPMG, has bought Premier Pensions Management. Isio’s first purchase since launch in 2020 will allow it to broaden the spectrum of pensions and financial...
Total employer pension contributions fell 5 per cent between Q4 2020 and Q1 2021 driven by a 27 per cent decrease in deficit reduction contributions. The quarterly Financial Survey of Pension Schemes...
Pension schemes were hit by a £46bn increase in liabilities in September as rising inflation put downward pressure on long-term interest rates, according to XPS Pensions Group’s DB: UK tracker. UK prices...
Half of DB scheme trustees believe the pandemic has increased the need for schemes to invest in engagement strategies about member options and provide access to financial advice for members, according to...
Charities are being urged to act soon to avoid the potential pitfalls of new pensions rules. New regulations, expected to come into force in 2022, will significantly change how charities and other...
Independent trustee and governance services provider PTL has appointed Mark Stopard as its new head of proposition development. Stopard has over 30 years’ experience in pensions. He joins PTL from Just Group...
The Pensions Management Institute (PMI) will launch a new diploma in pension trusteeship in October. This optional qualification is available for pensions professionals who have already completed their accreditation. This advanced standalone...
The Government has announced it will scrap the triple lock pension increase mechanism that would have led to an 8 per cent increase in state pension next year due to wage volatility...
EY-Parthenon has expanded its pensions strategy practice with four new senior appointments. Marc Hommel has been appointed to lead EY-Parthenon’s UK Pensions Actuarial practice. Hommel has over 30 years experience in the...
