Pensions

Bulk annuity deals have hit a record high of £49.1bn across 226 transactions in 2023, surpassing the previous peak of £43.8bn in 2019, according to Aon’s UK Risk Settlement Market Update. According...

The government is launching a new online service to help customers check for and fill any gaps in their National Insurance (NI) record. The Department for Work and Pensions (DWP) and HM...

Higher illiquid allocation led to lower returns last year, according to a survey of returns of fiduciary managers operating across the UK pensions sector.  XPS Pensions Group’s survey found a significant gap...

Nest teamed up with Good Things Foundation’s National Device Bank to donate 342 laptops. The National Device Bank, established in 2022, refurbishes devices used by businesses and then gives them to people...

Royal London Asset Management has restructured its global equity team following the resignation of its head of equities Peter Rutter and a number of the global equities team.  It is understood that...

Pimfa has joined 15 other financial services trade bodies in calling for the Chancellor to intervene over the Financial Conduct Authority’s (FCA) proposals to publicise enforcement investigations. Pimfa, along with UK Finance,...

The People’s Pension has published a new responsible investment policy, which could result in it severing ties  with State Street Global Advisors,  currently the sole manager of the default fund assets for...

Around 44 per cent of over-55s are unaware that their pension offers a selection of investment funds, while almost a third of all workers are unaware that their pension is invested at...

Aon has appointed 10 new UK-based partners in wealth solutions within the firm’s human capital capability. The new partners are Lynette Brown, Sarah Butlin, Hannah Carter, Helen Hatt, Daniel Haxby, Colin High,...

Over 316,000 people are now registered for the Aviva DigiCare+ and DigiCare+ Workplace apps provided by Square Health, including 147,000 employees, who can access the support as part of their group protection...