Inflation forecast to hit 18.6pc by January
Inflation in the UK could hit 18.6 per cent by the start of next year, according to the latest economic forecasts from US bank Citi. This is significantly higher than the Bank...
Pensions
Data is key focus to endgame for UK pension schemes – Aon
Data is now the main focus for UK pension schemes on their journey to risk settlement, according to Aon's polling on a recent risk settlement webinar. The webinar attendees were questioned about...
LCP guide highlights pitfalls and pros of pension consolidation
LCP has published a new guide, outlining both the benefits and potential risks involved when consolidating existing pensions. The paper, aimed at trustees and those running pension schemes, is intended to give...
Minority groups likely to face poor retirement outcomes – PPI
People from Pakistani, Bangladeshi, Black and several other ethnic groups face poorer retirement outcomes than the white majority, according to research from The Pensions Policy Institute (PPI). The research released by PPI...
Unum’s Help@hand app hits 100,000 downloads
Help@hand, the health and wellness app from Unum UK, has reached a new milestone by receiving 100,000 downloads on iOS and Android devices. Downloads increased sharply at the beginning of the Covid-19...
Bupa partners with Plain Numbers to support customer numeracy
Bupa UK has partnered with the Plain Numbers Project, a social enterprise that enables businesses to better communicate with customers who struggle with numbers. Through employee training, document certification, and on-going assistance,...
TCFD compliance jeapardised by lack of data from private market managers
Asset managers working in private markets are failing to provide their clients with the information they need to effectively manage climate risks, pension consultants warn. Research by Hymans Robertson warns that this...
Cushon calls for Lisa penalties to be scrapped
Workplace savings provider Cushon is calling for a reduction in the withdrawal charges imposed on Lifetime Isas (Lisa), to support UK savers during the cost-of-living crisis. These calls are backed by Michael...
Hymans launches dashboard guide for DB trustees
DB trustees and scheme managers must take action now to ensure the eventual move to pensions dashboards is as straightforward as possible, according to Hymans Robertson. This warning comes as the pension...
Record inflation – industry reaction
The Consumer Prices Index (CPI) rose by 10.1 per cent in the 12 months to July 2022, up from 9.4 per cent in June In order to maintain living standards, it is...
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