SW appoints retirement director
Scottish Widows appoints Carolyn Jones as its retirement director. Jones will join Scottish Widows in February from the Money and Pensions Service where she led their policy and strategy team. She will...
Pensions
Maxis GBN appoints global relationship management director
Maxis Global Benefits Network (Maxis GBN) has appointed David Schupak as its global relationship management director. He formerly served as the team leader for the business development teams for Western Europe, the...
140,000 with long-term sickness could drop out of work this year – research
Economic inactivity caused by long-term sickness could increase by a further 140,000 by the end of 2023, according to Broadstone. The number of people leaving the workforce due to long-term illness increased...
Two in five have suffered financial abuse – Aviva
About two in five have suffered financial abuse with men more likely to admit to being victims than women, according to Aviva. According to research from Aviva, 39 per cent of victims...
Most industry experts believe new DB funding regime will impact their schemes – LCP
Four in five industry experts predict that the new DB system will have some effect on their schemes, with a quarter predicting a considerable impact, according to a recent poll. According to an LCP webinar...
Glide paths turned upside down – CAPA data
Thousands of savers approaching retirement in September saw devastating falls in their fund value in the year to state pension age or their stated retirement age, with the average at-retirement default down 9.08...
Pension tax relief passes £50bn for the first time
The total cost of pension tax relief exceeded £50bn for the first time in 2021/22 according to new government figures. According to new HM Revenue & Customs estimates, the cost of income...
Breaking: Isio to acquire Deloitte UK’s pensions business
Isio Group Limited is to acquire Deloitte Total Reward and Benefits Limited (DTRB), the UK pensions advisory business of Deloitte LLP. DTRB provides actuarial, pensions administration and investment services to some of...
2023 sector predictions: health and group risk
Increasing fears of a recession, rising living costs, growing NHS waiting lists and a shortage of skilled workers will all have an impact on the health and group risk sector this year,...
2023 sector predictions: pensions
Industry experts predict 2023 to be a busy year for pensions with the Department for Work and Pensions (DWP) signalling its intention to publish new value-for-money metrics. The People’s Partnership director of...
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