Pensions

HSBC has abandoned plans to enter the master trust market, four years after it became the first provider to receive authorisation from TPR.  Despite announcing ambition plans to be a top five player within...

Broadstone has appointed Jeremy Clack as its senior actuarial director. Clack joins from Willis Towers Watson where he has worked for most of his 20-year career.  Over this period Clack has worked advising...

Direct Line Group will be transferring its DC pension scheme into LifeSight’s master trust. This transfer will boost LifeSight’s assets by £425m and will add 16,5000 members to the scheme.  The Direct...

There has been a 36 per cent rise in the number of people searching for information on how to opt out of workplace pensions These figures were compiled from an analysis of...

Almost eight out of 10 employers believe that their pension scheme offers value for money — although only half of their employees (49 per cent) agree. These findings by Cushon show there...

Assets in the UK multi-employer provider DC sector shrank by £14bn in 2022, but the sector added more than 1m new active savers, an increase of 6.7 per cent, according to figures...

SPONSORED CONTENT The legacy of the baby boomers is already enormous. From music and culture to assets and savings, they are one of the most successful generations of all time. Many of...

The Financial Conduct Authority has censured Lighthouse Advisory Services for the unsuitable advice given to those looking to transfer out of defined benefit pension schemes. These “serious failings” occurred between 2015 and...

Twenty five members of the Net Zero Asset Managers’ Initiative (NZAMI) are potentially misleading clients, according to a green think tank —by having more than $365bn (£295bn)  invested in 15 of the...

Aviva has improved its Group Protection online platform Aviva Group Protection Online (AGPOL) to enable intermediaries to self-serve renew Group Protection contracts for up to 250 lives. This update reduces the average...