Pensions

DB transfer activity fell to the lowest level for over six years, with the number of transfers in February halving compared to the year before.  Latest data from XPS’s Transfer Activity Index...

TPT Retirement Solutions has launched a global infrastructure fund for its DC members. The fund, which will be available on a self-select basis, offers significant allocation to sectors that contribute to, or...

There has been a fall in the ‘healthy’ life expectancy over the past decade according to new data from the Office of National Statistics.  New figures show that 'healthy' life expectancy figures are...

The Financial Conduct Authority (FCA)  has updated guidance on financial promotions on social media to ensure compliance among firms and their affiliates The FCA has emphasised that before endorsing regulated financial products,...

Nearly a quarter of consumers believe their pension and investment providers don't provide enough assistance or after-sale care, which may indicate a violation of the FCA Consumer Duty obligations, according to Open...

Employers need to review excepted group life assurance arrangements before the abolition of the lifetime allowance (LTA) on 6 April this year, according to a leading consultancy firm.  Quantum Advisory has warned...

The Department of Work and Pensions has published a revised timetable of staging dates for connections to the pensions dashboard.  The largest schemes, which includes master trusts with 20,000 or more members...

Aon is suggesting that the Pension Regulator’s (TPR) proposed Statement of Strategy may grant employers more influence over investment decisions for mature defined benefit (DB) schemes. The existing proposal requires that when...

First Actuarial has appointed Catherine Lockyer as head of financial wellbeing. Lockyer has experience working with employers to empower employees in managing their finances and improving their financial well-being. She brings experience...

Aviva has launched the first ‘flexible’ workplace pension for Bolt’s taxi drivers. All UK private hire vehicle drivers registered on the Bolt platform will have access to this pension while remaining independent contractors. ...