Smart raises concerns about megafund pension ‘oligopoly’
Smart has warned there is a danger that workplace pension reforms could create a “sub-optimal oligopoly” in the sector if it solely focuses on mega funds. In an interview with The Times...
DC
Majority of adviser clients see value of advice post-Consumer Duty
Over 82 per cent of those who have a financial adviser believe it offers "value for money," a 10 per cent rise since 2023, according to the latest Scottish Widows Investor Confidence...
Employee benefits to face scrutiny in 2025 amid budget pressures: Grid
Employee benefits will face scrutiny in 2025 as the 2024 Autumn Budget's higher NI contributions and minimum wage prompt tighter budgeting, according to Grid The group risk industry body has stated that...
L&G becomes first major provider to pass pensions dashboard testing
Legal & General has become the first major pension provider to pass integration testing with the Pensions Dashboards Programme ahead of the April 2025 launch. This follows the Government’s Pension Schemes Act...
Axa launches app to integrate wellbeing and insurance
AXA - Global Healthcare is expanding into wellbeing with a new app that integrates healthcare, insurance, virtual care, and personalised features to help members manage both their physical and mental health in...
Trustees warned dashboard costs could be ‘dead money’ for schemes
Cartwright stresses early preparation for the Pensions Dashboard to avoid "dead money" on compliance costs, especially for endgame schemes, while helping trustees manage costs, protect benefits, and align with strategies. According to...
Vitality Health names new CEO
Vitality has named Dr Arun Thiyagarajan as its new CEO for its health insurance business taking over from Dr Keith Klintworth. Thiyagarajan was the global healthcare transformation director at Bupa, where he...
Gallagher/ Redington profile: Strategic fit
As 2024 draws to a close it is clear that consolidation has been a dominant theme for the DC pensions market this year — not just among providers but also for the sector’s...
Cumberbatch urges pension deforestation stance in MMMM video
Make My Money Matter has partnered with actor Benedict Cumberbatch on a deforestation awareness video, where he introduces himself as "Benedict Lumberjack.” In the video, Cumberbatch, who is seated in a sauna,...
Isio forecasts continued bulk annuity growth and strong pricing
Isio has reported a record year for its risk settlement business, leading transactions with all ten bulk annuity insurers and completing over 25 deals in 2024, ranging from £1m to £1bn. According...
Most Popular
