Legal & General has completed a £505 million buy-in with the Inchcape Motors Pension Scheme, securing the benefits of 2,295 retirees and 5,890 deferred members. PwC was the principal adviser to the...
Almost half of UK workers believe current economic challenges will make it harder to retire 'comfortably' while one in three now expect to work beyond retirement age. This latest survey by Smart...
Defined benefit scheme funding has held steady in February, despite the more volatile economic backdrop. Figures from Broadstone’s Siruis Index, which monitors how various pension scheme strategies are performing on their journeys...
DC scheme assets have grown by 25 per cent, increasing from £164 billion in 2023 to £205 billion in 2024, according to Hargreaves Lansdown. This marks a ninefold increase, driven by contributions...
The performance gap between the best and worst-performing DC growth-phase default strategies widened to 14.4 percentage points in 2024, up from 9.7 per cent in 2023, according to Barnett Waddingham. The data...
Royal London Asset Management has appointed Lee Hollingworth to the newly created role of DC and retirement proposition director. In this role Hollingworth will focus on developing innovative pension propositions for both...
The Pensions Regulator (TPR) has launched a data strategy to raise industry standards and improve saver outcomes through better data practices, urging the industry to "capitalise" on this data revolution. According to...
Investment platform Tillit has launched a range of Shariah-compliant investment opportunities for its workplace pensions clients and retail customers. Tillit, which operates a workplace Sipp is launching two new equity funds within...
Canadian finance company Brookfield Wealth Solutions has become the fourth new entrant to the bulk annuity market in 18 months. The company will trade in this country under the Blumont Annuity UK...
Is the Mansion House drive to “limit defaults” driven by a greater focus on scale to accelerate value? Is it part of the regulatory focus to make the UK DC pension structure...
