Pensions

Howden Broking Group has bought a 60 per cent stake in Spanish flex provider Compensa, expanding its footprint in both Spain and Mexico. The business is also known as a specialist in...

The time taken to transfer pensions during the coronavirus lockdown only increased marginally, despite the significant disruption to usual business operations.  Data collated by Origo show that during the second quarter of...

More than a third of FTSE250 companies will offer master trusts as their main pension vehicle within the next two years, according to a new report. Willis Towers Watson's annual DC pension...

Australian asset manager, Macquarie Investment Management, is launching into the UK workplace pensions market with its fee-free True Index strategy.  This strategy has been available to Australian DC schemes for 20 years....

Phoenix Group has launched a range of in-scheme drawdown options on its DC master trust, which follow the Government's proposed investment pathways. These options — which will be available for clients of...

Retirement incomes will be slashed if the Government follows Australia’s lead in allowing pension withdrawals for those left without income as a result of the financial crisis caused by Covid-19, the Organisation...

Benchmark the destination for DB transfers with low-cost auto-enrolment workplace pensions will not give the consumer protections the FCA hopes says LCP. The consultancy has questioned the logic of FCA rules requiring...

Benefits professionals have welcomed today’s announcement by Chancellor Rishi Sunak of a package of initiatives to help protect and create jobs, and are emphasising the importance of motivated employees to fuelling the...

The economic fallout of Covid-19 could cause serious problems for unbundled DC schemes, thanks to a lack of regulation.  Salvus Master trust has warned of a “ticking time bomb” in the sector,...

 The Covid crisis has led to an increase the number pension savers concerned about the security of DB workplace pension schemes.  Wealth manager Killik & Co has reported a significant jump in...