UK pension savers are increasingly dipping into their tax-free pension cash, with £18.08 billion withdrawn in 2024/25, a 61 per cent rise on the previous year, according to FCA data obtained by...
Hymans Robertson has launched a governance service aimed at corporates running defined benefit (DB) pension schemes. The consultancy says the service will help companies establish clearer oversight of their schemes and ensure...
Simplyhealth's product director, Tina Kennedy, will be leaving the company to join national mapping agency, Ordnance Survey, as its new chief customer officer (CCO) starting in November. In a LinkedIn post, Kennedy...
One in three UK workers, 33 per cent, now feel very or extremely confident about retiring with a comfortable lifestyle, up from 22 per cent in 2023 and 30 per cent in...
Parallel Employee Benefits (Parallel EB) has appointed Joe Holness as director of growth & partnerships. Holness brings over a decade of experience in the employee benefits space, spanning consulting, wellbeing, and benefits...
The Broadstone Sirius Index shows an improvement in funding across both the fully hedged and 50 per cent hedged Defined Benefit (DB) pension scheme amid rising gilt yields for August. According to...
More than half of UK women want greater confidence in planning for retirement, with research showing a gender divide in investment activity and highlighting a growing opportunity for advisers as women’s share...
Chancellor Rachel Reeves has set 26 November for her second Budget amid speculation over potential changes to taxes, pensions and investment incentives. Last year, the Budget introduced £36 billion a year in...
UK-defined benefit (DB) pension schemes have been in their strongest position since 2005, with the average scheme 105 per cent funded and nearly two-thirds surplus, the highest levels since scheme-specific funding began,...
LCP is urging pension schemes and institutional investors to look beyond industry pledges when assessing whether asset managers are truly committed to net zero. The consultancy says that industry initiatives such as...
