Three-quarters of UK employers offer cash alternatives to pensions for higher-earning employees who are restricted by the annual allowance, according to research from WTW. Its annual survey of pension taxes found that over...
Standard Life secured £5.1 billion in Bulk Purchase Annuity (BPA) premiums in 2024, maintaining a top-five average position in the market over the past three years. The company also grew its workplace...
Mental health will be the top employee concern in 2025, with 31 per cent of employers expecting increased demand for support, according to Towergate Employee Benefits. This rises to 62 per cent...
More than half or 53 per cent of UK savers prefer their pensions to be invested in the UK, according to PLSA research. According to the research, 16 per cent would prioritise...
Only half of UK adults are confident they will be able to work into their 70s, despite many people needing to work beyond retirement age due to insufficient savings. Research from Phoenix...
Brightwell, the comprehensive service provider for defined benefit schemes, has appointed Paula Walter as a non-executive director. Walter has held several leadership roles in both executive and non-executive capacities and has spent over...
Following an active acquisition policy Smart Pension now has more than 1.5m members in its master trust. This puts it in the top five of DC master trusts in the UK, in...
Annuity rates for 65-year-olds have increased by almost 8 per cent over the year, adding £12,960 to the total lifetime income of a woman and £11,020 for a man, according to the...
LCP has launched a new AI tool designed to help scheme members better understand pension information, with a view to improving levels of engagement. The tool, known as Transpose, is designed to customise...
Extra powers for regulators and government to enforce consolidation will be included within the Pension Schemes Bill, which will be introduced before the summer, the head of the pension investment review has...
