Pensions

The number of consumers with low financial resilience has soared from 10.7m to 14.2m during 2020 as the pandemic took its toll on UK households, a bleak report from the FCA has...

Chuka Ummuna, the former Labour politician and MP for Streatham, has joined JP Morgan to lead its European environmental, social and governance (ESG) operations. Ummuna joins JP Morgan form communications firm Edelmen,...

Phoenix Group has boosted its bulk annuity team with five new appointments.  Priyesh Patel has joined as an investment analyst, while the company has also recruited Shoyab Alli, Sam Young, Miles Smith...

Cushon has appointed Independent Trustee Services client director Dianne Day and former executive director for regulatory policy at The Pensions Regulator Andrew Warwick-Thompson as independent trustees. Cushon is also bringing in Julius Pursaill...

Auto-enrolment rates remain resilient, despite the financial effects of the pandemic and most recent rise in contributions rates.  This was the conclusion of Nest’s latest insight report, whose survey sample includes around...

Scottish Widows has committed to target net zero by 2050 across its entire £170bn portfolio of investments, the first life insurer provider to do so. Scottish Widows says its pledge almost doubles...

Nest has appointed Atos as its future scheme administrator, replacing TCS in a contract that takes effect from 2023. The new service will focus on making the most of advances in technology...

The Pensions Regulator has warned that many trustees and managers of DC schemes are not paying proper attention to the risks and opportunities of climate change. Its annual survey of DC schemes...

The funding situation of DB pension in the UK continues to improve despite the challenging economic backdrop. The latest Mercer’s Pensions Risk Survey found the accounting deficit of DB schemes in the...

There are mixed views on whether the new investment pathways, which go live today, will change demand for retirement advice, according to a new survey. Aegon found that almost one in two...