46pc of furloughed workers change retirement plans
Almost half of currently furloughed workers have changed their retirement plans as the government’s furlough scheme comes to an end this month. Research by Canada Life found that 28 per cent of...
Almost half of currently furloughed workers have changed their retirement plans as the government’s furlough scheme comes to an end this month. Research by Canada Life found that 28 per cent of...
Investment returns, employment, policy and individual saving behaviours could all impact the resilience of DC schemes following a volatile 2020 stock market, says the Pensions Policy Institute (PPI). PPI has published its...
Uber has partnered with Now: Pensions and Adecco to create the first ever pension scheme for flexible workers in the private hire vehicle industry. Uber will begin rolling out the new pension...
Isio Group, the pension consultancy spun out of KPMG, has bought Premier Pensions Management. Isio’s first purchase since launch in 2020 will allow it to broaden the spectrum of pensions and financial...
Total employer pension contributions fell 5 per cent between Q4 2020 and Q1 2021 driven by a 27 per cent decrease in deficit reduction contributions. The quarterly Financial Survey of Pension Schemes...
A product claiming to be the UK’s first app-based hybrid auto-enrolment and personal pension has been launched by a team operating through Oxford University’s start-up incubator. Called Collegia Pension, the product is...
There has been huge demand for the government’s first ‘green’ gilts, with £10bn sold to institutional investors. A further £5 billion of UK green gilt issuance is expected this year, with NS&I...
Financial worries are causing mental health problems for more than half of UK employees according to new research. Barnett Waddingham found 60 per cent of employees said money worries were causing them to...
Pension schemes were hit by a £46bn increase in liabilities in September as rising inflation put downward pressure on long-term interest rates, according to XPS Pensions Group’s DB: UK tracker. UK prices...
Half of DB scheme trustees believe the pandemic has increased the need for schemes to invest in engagement strategies about member options and provide access to financial advice for members, according to...