Work and Pensions Secretary Therese Coffey has re-confirmed that the Government remains committed to the state pension triple lock for the rest of this Parliament, despite a temporary move to a ‘double...
There has been a significant drop in the number of pension savers who have been advised to transfer out of their DB scheme, according to new FCA figures. These figures were published...
Pension trustees and investment managers are facing significant barriers with aligning their investment strategies to the Build Back Better plan according to Canada Life. According to the Canada Life Asset Management's 'The...
Proposed regulations for Collective Defined Contribution (CDC) schemes could make it difficult for smaller schemes to offer these new pension arrangements, according to Aon. It says the high bar needed for authorisation...
Members of the British Steel Pension Scheme (BSPS) have lost £18m in compensation according to a report from National Audit Office (NAO). The report called ‘Investigation into the British Steel pension scheme’...
The number of families claiming child benefit has fallen for the ninth year in a row according to new figures published today by HMRC. According to today's statistics, the number of households...
The revised Bank of England inflation projection indicates that state pensioners could receive a hefty boost of over 8 per cent starting in April 2023, according to Aegon. CPI was expected to peak...
AllianceBernstein (AB), a research and global investment firm, is acquiring CarVal Investors. CarVal is a global private alternative investment firm with $14.3bn in assets under management, focusing on opportunistic and distressed credit,...
Four out of ten DC schemes are looking to consolidate in the next few years, according to XPS Pensions Group. According to a report by XPS report called ‘2022: the year to...
It has been another bumper year in the risk transfer market, with figures for 2021 showing £43.8bn of bulk annuities transferred and £15.2bn of longevity swaps. Aon’s 2021 UK Risk Settlement Market...
