Last autumn’s market volatility turned glide paths on their heads. The damage to retirement readiness would have not been so deep if the industry had had a better understanding of how members...
The Pensions and Lifetime Savings Association has published a new guide to investment companies for pension trustees. This guide sets out the structural features of these closed-end investment vehicles and covers issues...
HSBC has abandoned plans to enter the master trust market, four years after it became the first provider to receive authorisation from TPR. Despite announcing ambition plans to be a top five player within...
Direct Line Group will be transferring its DC pension scheme into LifeSight’s master trust. This transfer will boost LifeSight’s assets by £425m and will add 16,5000 members to the scheme. The Direct...
Almost eight out of 10 employers believe that their pension scheme offers value for money — although only half of their employees (49 per cent) agree. These findings by Cushon show there...
Assets in the UK multi-employer provider DC sector shrank by £14bn in 2022, but the sector added more than 1m new active savers, an increase of 6.7 per cent, according to figures...
SPONSORED CONTENT The legacy of the baby boomers is already enormous. From music and culture to assets and savings, they are one of the most successful generations of all time. Many of...
Pension company Smart has raised a further £76m in its latest funding round. This series E funding has been led by Aquiline Capital Parents and includes investments from Fidelity International, Natixis Investment...
What does the data tell us about the way defined contribution (DC) savers are currently transitioning into retirement? The headline figures show that 85-90 per cent of retirees are fully cashing out,...
Standard Life is launching a new retirement section to its master trust, aimed at employers and trustees of single or own-trust schemes. This will enable single-trust schemes to offer more comprehensive at...
