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...
There are misgivings among pension consultants regarding pension consolidators in the retail market. The most commonly cited concern is the potential for higher charges in any consolidated plan outside of the workplace...
The pensions industry has been grumbling for some time now about what’s next for automatic enrolment. There’s no disputing the fact that it’s been a great success. By “the end of November...
Bravura and Moneyhub have delivered what they describe as the UK’s first connected pension dashboards implementation, linking Bravura’s Dashboards Connect ISP service with Moneyhub’s front-end commercial Pensions Dashboard Service (PDS). Launched at...
