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...
MetLife UK has appointed Justin Harper as head of propositions for the UK. Harper will drive the development of new propositions and be in charge of managing the product portfolios for employee...
TPT Retirement Solutions has appointed David Lane as its chief executive officer. Lane has held the position of interim CEO since June 2022. He previously held the position of chief operations officer...
The percentage of economically inactive people is still greater than it was before the pandemic despite fewer over-55s retiring recently, according to the Office of National Statistics. The rate of economic inactivity...
A moderate retirement is within reach for about 41.7 per cent of households, a decrease from 42.6 per cent in July, according to Hargreaves Lansdown. According to the HL Savings and Resilience...
