User data from Canada Life’s myStrength app reveals that mindfulness is the top mental health tool preferred by UK employees. The data shows that in 2023 mindfulness activities accounted for 36 per...
Barnett Waddingham is expanding its bulk annuities team with the appointment of Nikhil Patel as senior risk transfer actuary. Patel is an experienced risk transfer specialist, and joins from Mercer where he...
Broadstone has appointed Rachel Coles as a workplace engagement consultant. Coles joins Broadstone's DC workplace savings team, part of the employee benefits consulting business, which helps about 800 firms offer cutting-edge benefit and...
Superfund Clara-Pensions will take over the £600m Debenhams Pension Scheme, ensuring that 10,400 employees of the former department store will get their pensions paid in full. This is the second pension scheme...
Pension Freedoms, introduced a decade ago, increased retirement flexibility but also added complexity in choosing retirement income options, resulting in a growth in drawdown usage. The industry emphasises ongoing innovation to ensure...
The Department for Work & Pensions (DWP) consultation on its ‘pot for life’ proposals closed in January, eliciting strong industry debate from those in favour and those against. Beyond the theorising, however,...
Do we need to consider the UK’s housing and pensions strategies together? The pattern of home ownership appears to be changing in the UK, with a growing number of retired renters. But could...
Three-quarters or 75 per cent of DC pension savers aged 55 or over want their DC savings to start paying them an income automatically when they retire, according to research from Hymans...
Rothesay has acquired the bulk annuity portfolio from Lloyds Banking Group's Scottish Widows division, marking its sixth venture into in-force annuities. The portfolio, which is estimated to be worth £6bn, includes the...
The Pensions Regulator is undergoing a period of transformation to ensure it remains “fit for the future” according to its chief executive Nausicaa Delfas. In a keynote address at the JP Morgan...
