The Financial Conduct Authority (FCA) introduced its Consumer Duty regulations today, and almost half of financial advisers anticipate a drop in profitability due to compliance with the new rules, according to Quilter....
Just Group has completed a £7 million pension scheme buy-in for a food manufacturing company. K3 Advisory and Cartwright completed the deal which covered 46 deferred members and 10 pensioners in December...
The British Coal Staff Superannuation Scheme (BCSSS) has appointed Cheryl Agius as a trustee director and chair of the scheme, effective from 21 September 2023. Agius will become a member of the...
Millions of people's retirement savings are at risk due to pension funds relying on economic research that ignores critical scientific evidence concerning the financial risks associated with a warming climate. Financial organisations,...
Poor Jeremy Hunt. He really can’t find many people in the pensions industry who think his big idea - to push pension funds into investing in fast-growing British companies - is a...
Canada Life has completed its first deferred member transaction after securing a £58 million deal to cover the defined benefit pension plan benefits of an unnamed pension scheme. Over 300 deferred members are...
The Future Fund now has stock interests in 67 more companies, bringing its total equity holdings as of 30 June 2023 to 591, according to a list published by the British Business...
Standard Life has concluded a £1.2 billion bulk purchase annuity transaction covering around 20,200 members of the Mitchells & Butlers Pension Plan. The Plan's deferred and pensioner members were covered by this...
DB transfer values concluded Q2 down 8 per cent from the end of Q1 despite a minor increase in values during the month of June, according to XPS Pensions. The month-end position...
HCML has acquired CA Case Management Limited (CACM), the specialist brain injury case management and expert witness provider. According to HCML, the acquisition will enable it to improve its case management services...
