Pensions

The Bank of England has raised interest rates to 1 per cent. This comes after an increase to 0.5 per cent in February and an inflation increase to 7 per cent in...

Stoneport, the UK consolidator for small defined benefit (DB) schemes, has appointed independent trustees Lisa Mundy, from BESTrustees and Tegs Harding from Independent Trustee Services (ITS) to its board. The appointments follow...

Phoenix Group has launched a new Innovation Forum to increase customer engagement and support their financial wellbeing. The Phoenix Innovation Forum will invite FinTech firms and entrepreneurs to explore partnership prospects that...

WorkLife by OpenMoney has partnered with Cavendish Ware and Premier Choice Healthcare to give employee benefits and financial advice to more people in the UK. Cavendish Ware and Premier Choice Healthcare will...

WTW, which provides professional consulting services as well as data-driven, insight-led business solutions in the areas of people, risk, and capital, has joined the Equity Release Council. For insurers, advisors, and industry participants,...

SPONSORED CONTENT Our four-step guide to new pension consolidation rules From 31 December 2021, new regulations come into force which require DC schemes to carry out extended value-for money assessments and report back on whether consolidation...

Anders Lundström, the chief executive of MinPension.se — the Swedish pensions dashboard — has first hand experience of the challenges ahead for the UK, as it develops its own dashboard initiative.  Although...

Human resource directors have a chance to guide their company's strategic focus in the context of social sustainability, according to a Mercer report on 'people sustainability.' Internal focus on higher employment standards...

Rising inflation could create problems for DB schemes who have discretion to award inflation-linked increases. Aon points out that with inflation rising sharply granting higher payments could add £8bn of liabilities across...

Standard Life has now switched 87,000 members savings through its master trust default, into a new sustainable default option. This is the first stage of its process to transfer all its existing...