Canada Life UK has appointed Rebecca Gladstone to the newly created role of head of public policy. Gladstone was the stakeholder and public affairs manager at the Financial Services Compensation Scheme (FSCS) before...
Nest has partnered with BlackRock and will use its Aladdin platform to manage the risk of its investment strategy. This platform will allow Nest to monitor more than 3,000 risk factors across...
Norton Motorcycles’ former owner has been given an eight month suspended jail sentence for taking almost £11m from pension scheme members to invest in his failing business. The Pensions Regulator (TPR) has...
The amount of money HMRC has refunded on pension withdrawals has doubled in the space of a year, as pension savers continue to be hit with unnecessary tax penalties. Figures release by...
Independent Governance Group (IGG) has appointed Clare Kember to be head up its outsourced governance services team. Kember has worked for IGG for eight years and has more than 20 years’ experience...
Almost one in two DB scheme sponsors want an insurer buy-out, most within the next 10 years, but consultants are urging a ‘wait and see’ approach as legislative changes could present more...
Defined benefit (DB) transfer values fell by 3 per cent in September, driving a fall of 15 per cent over 12 months, and leaving transfer values a third lower than they were...
The Principles for Responsible Investment (PRI), the UN responsible investment body, has launched a consultation on its ‘Progression Pathways’ initiative that gives signatories a step-by-step journey towards better practices. The PRI proposes...
Pension savers who were wrongly advised to switch out of DB schemes have seen the compensation they are entitled to fall further, thanks to rising gilt yields, which have pushed up annuity...
The trustees of one in two DB schemes now have clear endgame strategy place, according to research from Standard Life. However, a significant number of trustees remain concerned that market volatility could...
