Scottish Widows has bought UK investment and retirement platform business Embark Group in a bid to enhance its long-term savings proposition for intermediaries. The provider will leverage Embark’s platform and product capability to...
More than £10bn is now invested in ESG strategies through Aegon’s workplace default funds, according to the company’s latest figures. Aegon says its TargetPLan LifePath default funds now have 75 per cent...
Nest has appointed Sarah Laessig and Myfanwy Barrett to its board. The appointments were made by the secretary of state for work and pensions and come after Ron Jarman and Ian Armfield...
Almost half of UK pension schemes now employ a professional trustee, with one in three doing so under a professional corporate sole trustee (PCST) arrangement according to new data from LCP. It’s...
Hymans Robertson has appointed Susan Black to the new role of head of GAP (governance, administration and projects) within its LGPS team. Hymans says this role has been created against the backdrop...
Arthur J Gallagher has confirmed that a deal to buy Willis Towers Watson’s retail brokerage operation and reinsurance assets will not go ahead, following the termination of the Aon and WTW merger...
Climate-related risk, including biodiversity, systemic risks, such as the ongoing effects of the Covid-19 pandemic, and the triple lock and related issues of an ageing population have all been identified as risk...
The proposed $30bn merger of Aon and Willis Towers Watson has collapsed following intervention by the US Department of Justice. The two parties have terminated an agreement that would have created the...
Fidelity International has appointed Jenny Segal as global head of workplace investing distribution. Segal joins from AMG where she was head of European distribution and global head of consultants. Segal is a...
Joint action from the Financial Conduct Authority and The Pensions Regulation is critical to improving the consumer journey on pensions according to Aegon. Its comments come in response to TPR’s and the...
