Pensions

First Actuarial will open a new office in Birmingham next month — its seventh in the UK, amid ongoing demand for its pensions and employee benefits services.  The Birmingham office will be headed...

L&G has appointed Paula Llewellyn to be the newly-created role of CEO, DC & workplace savings. Llewellyn is currently chief customer and strategy officer, retail at L&G and has previously been managing director...

Roll back a few years and defined benefit (DB) pension schemes were focused on bridging a deficit on technical provisions or moving towards self sufficiency. Surplus probably didn’t enter into the thinking...

We live in an age where digital communication is a big part of everyday life. On average over 98 per cent of UK adults own a mobile phone, 96 per cent have...

PIB Employee Benefits has acquired Amba, a benefits technology firm with a focus on sustainability and ESG.  This is PIB’s second technology acquisition within the past year, having bought YouatWork in April...

The BT Pension Scheme (BTPS), one of the UK’s largest pension schemes, has completed two significant reinsurance transactions, covering £10bn of liabilities. These deals protect the scheme, which has 260,000 members and...

The insurance industry welcomed the initial findings of a Government-backed report into ill-heath and economic inactivity in the UK.  The Department of Work & Pensions has commissioned an ongoing “Keep Britain Working”...

More than two thirds of employers now offers a responsibly invested company pension - but less than half have this as the default option. These findings, in Scottish Widows’ latest Responsible Investment...

Younger employees are disproportionately impacted by long-term illness, with 66 per cent of workers aged 18–24 taking more than two weeks of sick leave in the past five years. According to a...

The European Commission has published its strategy on strengthening the continent’s financial system and boosting investment into productive finance via a new Savings and Investments Union (SIU). The new initiative, references the...