Mercer is the latest consultancy firm to warn that proposed government regulations will accelerate the demise of DB schemes - potentially causing problems for sponsors, trustees and DC schemes. In a strongly...
Almost one in 10 people (7 per cent) are planning to reduce workplace pension contributions to help them cope with the rising cost of living. This research from Barnett Waddingham suggests that...
There has been a surge in demand for full scheme buy-outs from DB schemes, according to the latest data from Aon. Its latest UK Risk Settlement Bulletin says that bulk annuity insurers...
New DB regulations will force employers into a ‘one-size-fits-all-straightjackets’, which could leave some sponsors facing insolvency, according to consultants LCP. It says introducing a cut-off date for schemes to reach funding targets...
Two-thirds of business are looking to recruit remote staff from overseas over the next 12 months, according to latest research. Benefits and rewards platform Perkbox found that 62 per cent of business...
The number of pension savers being referred to the Money and Pensions Service (MaPS), following an 'amber flag' scam warning from trustees has risen sharply, but data shows that in almost half...
The cost of living crisis is causing more financial distress than the Covid pandemic. Research by Aegon, which has been tracking people’s financial concerns on a regular basis, found that almost two...
Smart has appointed Anish Rav to the new role of director of retirement. The master trust provider says this role will be pivotal its expansion plans, and building on the success of...
Aviva has completed its acquisition of financial advisory firm Succession Wealth. This deal was initially announced in March, with Aviva expected to pay around £385m for the firm. This acquisition enhances Aviva’s...
Now Pensions has appointed Paul Smee to its board of directors. Smee has extensive experience in the financial services industry having previously been director general of the Council of Mortgage Lenders, which...
