‘Own Risk Assessment’ policy comes into force for trustees
UK pension schemes with 100 members or more that are required to operate an effective system of governance (ESOG) must now complete an own risk assessment. In the rules introduced by The...
UK pension schemes with 100 members or more that are required to operate an effective system of governance (ESOG) must now complete an own risk assessment. In the rules introduced by The...
Royal London will distribute £199m to 2.4 million customers through its annual ProfitShare scheme, with payments starting on 1 April. The payout, which is based on the value of a customer’s pension...
Independent Governance Group (IGG) has promoted 22 people across the business. The list of promotions includes Chris Alford, Luke Tutt and Maria Keen, who have been promoted to trustee director roles. Alford,...
The UK defined contribution market is entering a critical phase. Consolidation is accelerating, master trusts are absorbing smaller schemes, and policymakers are increasingly framing one idea: that scale is the defining test...
Pensioner incomes have risen slightly, but inequality remains as couples earn significantly more than singles and many retirees still rely heavily on the state pension and other benefits. According to Fidelity International,...
Transparent risk-sharing and a simpler benefit structure mean UK Collective Defined Contribution (CDC) schemes could be better placed to succeed than earlier international models, particularly those in the Netherlands. LCP has highlighted...
Pension schemes using the Mobius platform will now be able to access UK-based venture capital through a new fund, designed to support Mansion House objectives. The platform has added the British Co-Investment...
Weekly income for pensioners, after housing costs, saw a modest rise of 3.6 per cent in the year to FYE 25, increasing from £439 to £455. The latest DWP figures on Pensioners’...
That many workers may not have enough saved to retire when they’d planned could lead to a significant negative impact on corporates, including a “demographic bottleneck” within the workforce as older workers...
At retirement women’s pensions savings are 55 per cent less than men’s according to new data highlighting the ongoing gender pension gap. The data shows that by the time a woman reaches...