Raindrop recovers £218m in lost pension in H1
Raindrop has recovered £218 million in lost pension pots in the first half of 2025, which is more than double the £104 million recovered during the same period last year. Nearly 20,000...
Pensions
Former Scottish Widows retirement head to become Canada Life UK CEO
Canada Life has appointed Emma Watkins to be its UK chief executive officer. Watkins, who takes up the role from 1 September, joins from Scottish Widows, where she held the role of ...
Aegon offers consolidation tool on master trust
Aegon Master Trust will now offer a pension tracing and consolidation service, allowing members to locate and move older workplace pensions. This will be offered in partnership with The Pensions Lab, with...
Resisting the DEI backlash
In winning 65 seats in the Durham County Council’s May local elections, Reform party leader Nigel Farage warned government workers that “anybody who’s working on climate change initiatives or diversity, equity and inclusion (DEI)… I...
Hymans Robertson offers DB run-on checklist amid regulatory worry
Hymans Robertson has published a checklist to help defined benefit (DB) scheme sponsors plan for run-on amid growing regulatory worry. The checklist aims to help sponsors manage this risk and make informed...
‘Lifetime savings’ ditched as PLSA changes name and publishes 10-year plan
The term ‘lifetime savings’ has been ditched as the PLSA (Pensions and Lifetime Savings Association) rebrands itself as Pensions UK. This name change comes as the trade body for pension providers sets...
IFS calls for Govt action on AE and retirement defaults to make pensions fit for purpose
The government needs to take ‘decisive action’ on pensions, including addressing AE minimums, to ensure the system is fit or the next generation of retirees, according to the final report from the...
Redington CEO steps down
Redington CEO Sylvia Pozezanac has stepped down, handing over to the UK CEO of Gallagher Benefit Services, David Piltz. Pozezanac joined Redington in April 2022, having previously served as UK president and...
TPR sets up working group to modernise pension industry’s use of data
The Pensions Regulator has set up a pensions data and digital working group to promote better use and management of data across the industry. In a blog, the TPR’s executive director of...
People’s Partnership appoints new chief risk officer
People’s Partnership has appointed José Morago to be its new chief risk officer. Morago joins from Allianz UK, where he led the risk function within the personal lines and speciality businesses. He...
