More positive outlook on finances as inflation falls: Aegon
The majority of people in the UK are feeling positive about their finances for 2024, with optimism the cost of living crisis is starting to abate. The research by Aegon found over...
Pensions
ACA establishes AI steering group to assess threats to actuarial profession
The Association of Consulting Actuaries (ACA) has established an industry group to assess the risks and opportunities of artificial intelligence (AI) to the actuarial sector. With AI developing rapidly, the AI steering group...
Trustee handed jail term for mis-use of pension funds
A former pension scheme trustee has been given a 10-month jail term after admitting to using £700,000 of members’ funds to make loans to entities connected to the sponsoring employer. This legal...
Arc Pensions Law expands with two new senior appointments
Specialist pensions law firm Arc Pensions Law has expanded its team with the appointment of two new associates. Clare Pollard has joined the firm's Leeds office while Tom Cosgrove joins its London office....
Richard Smith: Labour’s dashboards origin story
The Government understands consumers’ need to see all their pensions together on apps on their phones - what we now call pensions dashboards. But which political party originally had the idea to...
Mistry-Kandola steps down from Cloud8 following acquisition
Dipa Mistry-Kandola has stepped down from her role as CEO of Cloud8, the employee benefits technology platform acquired by Benefex last October. Cloud8 is a white-labelled software as-a-service provider that was founded...
Survey reveals how women miss out on pension on divorce
Women who divorce are missing out on tens of thousands of pensions assets because their legal settlement ignores retirement savings, research from Stowe Family Law has shown. A survey of 400 women...
LCP forecasts new entrants in buy-in market
Two new entrants are expected to enter the UK buy-in market in 2024 — according to pension consultants LCP. Increased activity in this area, which has seen a record volume of buy-in...
Dashed hopes for commercial dashboards
The pension minister Emma Reynolds used her speech to the Pensions and Lifetime Savings Association conference in Liverpool in mid-October to confirm her “steadfast commitment” to the Pension Dashboards project. The pensions...
Shipra Gupta: Why engagement and action are the key to responsible investment
At Scottish Widows, we are proud of our signatory status to the Financial Reporting Council’s (FRC) 2020 Stewardship Code. Our approach supports our climate action plan designed within the Paris Aligned Investment...
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