Canada Life has completed a £172m buy-in of the Nationwide Building Society’s closed DB pension fund. The transaction relates to pensions in the fund’s Cheshire and Derbyshire section and insures the fund...
The average growth phase default fund saw a 16.58 per cent pre-charge return in 2021, as markets bounced back from the Covid-19 pandemic, according to data from the Corporate Adviser Master Trust...
Aviva has introduced new cancer support services for its private medical insurance customers with cancer, including individuals and small businesses, as well as major corporate plans with cancer coverage. Aviva has created...
A report published in October last year exposed a worrying link between pension schemes and climate change.The research, conducted by Make My Money Matter, an organisation which describes itself as a ‘people-powered...
Nearly two-thirds of UK adults or 62 per cent admit to focusing on the early, active stages when thinking about retirement, according to new insights from Standard Life, part of Phoenix Group....
What are the new VFM regulations, and how will they impact trustees? There has been a lot of talk about ‘value for money’ regulations, but we prefer to think about ‘value for...
Canada Life UK has appointed Paul Russell as its chief information officer. Russell joins from Upside Saving, where he served as the company's founder and chief technology officer. He has over 20...
Aegon is investing £3bn of its workplace default fund into a new range of BlackRock’s ESG index funds — effectively doubling exposure to sustainable investments for growth stage investors. Growth stage investors...
The National Pension Trust is launching a new sustainable default strategy. This shift to its default strategy will affect around 44,000 members invested in this master trust. In total around £978m of...
One in three DB schemes are using the GMP equalisation programme to improve member options available at retirement, according to new research. Aon’s latest ‘Member Options Survey’ shows that a growing number...
