Utmost Life enters BPA market
Utmost Life and Pensions has entered the bulk purchase annuity (BPA) market, forming a team of over 20 people and completing transactions with two pension schemes in late 2024. The company says...
Utmost Life and Pensions has entered the bulk purchase annuity (BPA) market, forming a team of over 20 people and completing transactions with two pension schemes in late 2024. The company says...
Standard Life has completed a £1.5bn bulk purchase annuity transaction with Compass Group Pension Plan, securing the benefits of over 14,000 pensioner members and over 11,000 deferred members. Mercer acted as lead...
The Advertising Standards Authority (ASA) has banned six posters from Islamic fintech startup Wahed’s TfL campaign due to concerns over its content and messaging, with Wahed acknowledging that "visuals like those included...
Standard Life’s workplace and intermediary adviser businesses have come together under the leadership of Gail Izat who has been appointed to the newly created role of managing director of workplace and retail...
Foster Denovo has acquired Verum Wealth, marking the firm’s seventh acquisition in just over a year and adding £87m of assets under advice to its recently established Glasgow hub. Verum Wealth’s founder...
Broadstone and Lovell Minnick Partners have signed an agreement for the private equity firm to make a strategic growth investment in the consultancy firm but financial terms were not disclosed. Lovell Minnick...
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...
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 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...
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...