The UK pensions industry has expressed concerns about elements of new government proposals to reform the DC pensions market. At the weekend Chancellor Jeremy Hunt unveiled plans to boost disclosure requirements, forcing...
The vast majority of DB pension schemes will be offering below-inflation increases to their members according to pension consultancy Broadstone. Its analysis of data from the Pension Protection Fund’s (PPF) Purple Book...
Smart Pension has now passed the £5bn mark for assets under management. This growth has been fuelled by recent acquisitions alongside organic growth, with the master trust provider forecasting it will reach...
Unum UK has appointed Lio Lopez-Welsch as its new chief information and digital officer. Lopez-Welsch joins Unum UK from Aegon UK where he was CIO and also held a non-executive director role...
Higher interest rates and better funding levels are prompting more DB trustees to look at fixed income end-game options, according to the Pensions Management Institute’s latest research. Its survey, conduced with Schroders...
Poorly performing pension funds will be closed to new business and providers will be required to show how much they invest in UK businesses under reforms unveiled by Chancellor Jeremy Hunt today....
Aegon has reported a surge in new workplace pensions business, with a 31 per cent year-on-year increase in gross deposits, with £6.9bn of assets moving to the provider. Its results to the...
Isio has received official recognition as a Living Pension employer ahead of the first anniversary of the initiative's launch. Isio is the first pensions consultancy to achieve this accreditation. The Living Pension,...
The pace of scheme closures is anticipated to see minimal change with the implementation of the new DB funding regime, according to the Society of Pension Professionals (SPP) members. Around 200 members...
Legal & General is the latest pension provider to back the introduction of ‘targeted support’ as part of a regulatory shake-up of advice and guidance. In its response to the discussion paper...
