The Government's consultation on DB surplus flexibility reflects the improved funding position of many defined benefit schemes and raises questions about how they can use surplus. As the consultation ends, Broadstone says...
Almost one million young people aged 16 to 24 were not in education, employment or training in the second quarter of 2026. This is according to Office for National Statistics data, which...
There are some “significant practical issues to resolve”, particularly around payments to younger members in the case of defined benefit surplus, according to a response by pensions focused law firm Sacker &...
Aptia has appointed Russell Laver as head of pension risk transfer. Laver, a qualified actuary, joins from EY where he was a partner in the firm and led work on small scheme...
Low earners who were victim to a discrepancy in pensions payouts first identified in 2018 are finally to receive compensation, according to HMRC. The issue arose due to the difference in the...
Gallagher has appointed Michael Robinson to be head of DC investment in its UK benefit & consulting division. Robinson joins from Aegon UK where he was head of investment development and led...
DB schemes could struggle to take advantage of the government's new surplus flexibilities unless trustees address shortcomings in member data, administration and technology, according to Lumera. The insurtech firm said high-quality data...
Aon has named Matthew Nelson as principal client director within its online benefits team. Nelson joins Aon from Gallagher, where he led the delivery consulting function for its benefits technology business, with...
After a volatile start to the year, all major DC default strategies have delivered positive returns for members in the second quarter of this year, according to Isio research. The pension consultancy’s...
Money worries are affecting workers’ performance and health, according to research from the Building Societies Association. Almost a quarter of UK workers, 22 per cent, said money worries had affected their performance...
