Pensions

Utmost Life and Pensions has entered the bulk purchase annuity (BPA) market, forming a team of over 20 people and completing transactions with two pension schemes in late 2024. The company says...

Legal & General’s Private Markets Fund has appointed Invesco Real Estate, the £67.2bn global property arm of Invesco, to provide US and Asia real estate exposure. Launched in July to serve its...

Fewer than one in five workers have factored in potential care costs into their retirement planning according to new research from Barnett Waddingham.  The consultant says this is a major reason why...

Standard Life has completed a £1.5bn bulk purchase annuity transaction with Compass Group Pension Plan, securing the benefits of over 14,000 pensioner members and over 11,000 deferred members. Mercer acted as lead...

The typical defined benefit transfer complainant is now likely to receive no compensation at all for poor advice due to rising annuity rates and more buoyant stock market returns. These findings come...

Younger workers are more likely than older colleagues to see the health benefits of office-based work, with 61 per cent of under-35s valuing its social components compared to 49 per cent of...

The Advertising Standards Authority (ASA) has banned six posters from Islamic fintech startup Wahed’s TfL campaign due to concerns over its content and messaging, with Wahed acknowledging that "visuals like those included...

Defined benefit schemed saw their funding position improve overall in 2024, after deficits further reduced in December.  Figures from Broadstone's Sirius index shows there has been positive funding progression for both a ...

Standard Life’s workplace and intermediary adviser businesses have come together under the leadership of Gail Izat who has been appointed to the newly created role of managing director of workplace and retail...

Foster Denovo has acquired Verum Wealth, marking the firm’s seventh acquisition in just over a year and adding £87m of assets under advice to its recently established Glasgow hub. Verum Wealth’s founder...