The new defined benefit funding code could land employers with a bill of £34bn, according to the regulator's own estimates. Pension consultants LCP points out that these “official figures” are contained in...
XTP has appointed David Bennett, former board member and head of investment consulting at Redington, as a non-executive director and senior advisor. Bennett worked with Redington for almost 13 years, contributing significantly...
The Financial Conduct Authority has announced that it will be conducting a thematic review to evaluate the guidance given to consumers regarding how to satisfy their retirement income needs. This review is...
More than three-quarters of working adults or 25 million, do not know how much the state pension is, according to LV=. Millions of individuals don't know when they will start receiving the...
This year could be the biggest year on record for defined benefit (DB) pensions derisking, with at least £40bn in bulk annuity transactions and £20bn in longevity hedges expected to be completed,...
Employers face more risks as the number of workers seeking second jobs rises, according to research from Partners&. Partners& surveyed 169 senior HR, finance, and C-suite professionals, who collectively represent a workforce...
Mercer has appointed Tom Austin as a director in its UK covenant advisory team The new hire is in addition to Kriti Chandnani, Joe Hornsby, Adam D’Souza, Brandy Mukasa and Michael Fenton...
UK inflation data shows CPI eased to 10.5 per cent in the year to December 2022 from 10.7 per cent in November. The rate was just under the 10.6 per cent predicted...
Hartley Pensions Limited, which entered administration in July, has been targeted in a possible scam, says the FCA. According to the Financial Conduct Authority (FCA), consumers have been receiving calls and emails...
UK consumers considering reducing their private pension contributions has increased from 6 per cent to 10 per cent in a three-month period, according to Barnett Waddingham. Research by Barnett Waddingham in December...
