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...
XPS Group has appointed Damian Magee as business development director for administration. Magee rejoins XPS from WTW and has over 30 years of pensions administration experience advising DB and DC clients. In this...
Tripling its numbers in since it was spun out of KPMG in 2020, independent consultancy Isio now has nearly 1,300 employees. As the firm celebrates its five-year anniversary, its expansion and evolving...
In the world of workplace pensions, the mantra of the day from policymakers is that bigger is better. But despite this general trend, in relation to scheme size and default funds, the Pensions...
The financial services sector is expected to boost investment in health and wellbeing strategies this year, according to data from Unum. According to the report, 32 per cent of FS firms said...
More than nine out of 10 employers say their company pension scheme remains a risk to corporate finances according to research from LawDeb. The survey shows concerns about pension scheme risks weigh heavily, despite...
