Fintech pension provider Smart has acquired the US retirement savings provider ProManage for an undisclosed sum. This is the latest global acquisition by Smart and takes its AUM from £5.5bn to £8bn....
More than half of the commercial master trusts are now making a move toward more illiquid investments according to data from Hymans Robertson. It says this shift — from cost to value...
Aon has appointed Nigel Aston to be an associate partner and market development lead of its UK defined contribution solutions team. Aston joins from State Street Global Advisors where he was a...
The Irish market, whilst broadly similar to the UK market in terms of pension provision in some ways, is different in that the use of target date funds is not widespread. In...
SPONSORED CONTENT When Sir Nigel Wilson was appointed group chief executive of Legal & General in 2012, he followed a long tradition of the company’s leaders who brought with them a desire...
Who is responsible for the low cost mindset that pervades the workplace pension sector, and is it ultimately self-destructive? This was one of the key value-for-money questions debated by delegates at a...
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...
