Workplace pensions remained a significant driver of growth at the Lloyds Banking Group's insurance, pensions and investments business, with the Scottish Widows app serving more than one million users after 79 per...
The Value for Money framework within the Pension Schemes Act will reward top performers but could lead to ‘herding’ across the sector, advisers have warned. READ THE SUPPLEMENT PDF HERE Herding was...
There remains a lack of consensus over key elements of the Pension Schemes Act across the industry, with some concerned about the impact of the scale test and mandation, and others describing...
The default funds of large defined contribution master trusts are already collectively 8.9 per cent invested in private markets, little more than a percentage point short of the targets set by the...
Only large master trusts, single employer trusts and big contract-based arrangements will be in scope for the first value for money (VFM) assessments, which will still take place in 2028, based on...
Steve Butler, the former CEO of Punter Southall Aspire, has joined Hymans Robertson Personal Wealth as its head of corporate. Butler will lead the corporate business within Hymans Robertson Personal Wealth, supporting...
As the Pension Schemes Act finally received royal assent in May, some master trust providers looked on with anxiety as the provisions of the scale test were etched into law. The test...
Nest now has £13bn invested in the UK economy, according its latest annual report which was laid before Parliament today. These figures show in total Nest now has assets under management of...
Household circumstances, including home ownership and relationship status are key determinates of retirement adequacy, with the current system creating significant areas of vulnerability, a Pensions Policy Institute report has found. The PPI...
Four providers are responsible for over 70 per cent of assets and three quarters of members, with master trusts now accounting for 41 per cent of large DC schemes, according to research...
