Pensions

The FCA has confirmed that firms would have a year to adopt new consumer duty regulations for goods and services that are presently being sold. But "closed-book" providers have been allowed until July...

The Department for Work and Pensions (DWP) has today started a fresh consultation on steps to strengthen protections for participants in defined benefit (DB) pension plans. Under the new proposals, all schemes...

Clifford Chance will now offer both Peppy’s Men’s Health and Women’s Health support to all its employees via their digital health app to all of its UK-based employees and partners. Clifford Chance...

Last year saw a 70 per cent increase in profit warnings from companies with defined benefit pension schemes, according to new figures from accountants EY-Parthenon.  This latest analysis shows that there were...

SEI has appointed Harriet Hayward to be a new defined contribution client director, where she will handle client relationship management for the SEI Master Trust.  Hayward joins from the LifeSight Master Trust...

TPT Retirement Solutions will make a £75m impact investment through its master trust default fund. The investment strategy for this default fund is managed by AllianceBernstein. As a result of this new...

Hymans Robertson has appointed Michael Abramson and Emma McWilliam to the role of equity member.  Abramson worked for Prudential's bulk annuity division until joining Hymans Robertson in 2018. Prior to that, he...

The Work and Pensions Select Committee is currently considering ideas to promote saving for later life amongst the 4.4 million self-employed.  Ineligible for automatic enrolment, fewer than 16 per cent are contributing...

Public opinion is not broadly supportive of government plans to encourage pension schemes to invest in assets, infrastructure or projects to boost the UK economy, preferring a focus on pure investment returns....