Employee financial wellness initiatives are failing to deliver because they focus on offering information rather than helping workers to change their financial behaviour, a new report concludes. The report, which includes research...
Punter Southall is merging its actuarial, investment and administration businesses with Xafinity, to create what they say will be the biggest pure pensions consulting firm in the UK. The merger involves the...
Michael Whitfield, the co-founder of Thomsons Online Benefits, will leave the company that was bought by Mercer last year. Thomsons Online Benefits chief executive Michael Whitfield receives the award for Corporate Adviser...
Bluefin Insurance Services Limited has been fined £4m for systems failures and holding itself out as independent when prioritising the products of its owner, Axa UK. The FCA fined the firm for...
Former Willis Employee Benefits chief executive Tony Powis is joining Alexander Forbes’ South African business where he takes the role of CEO, corporate & employee benefits. Alexander Forbes is also appointing former...
Smart Pensions head of operations Michael Watkins has been named as the chair of Pensions Administration Standards Association’s (PASA), newly formed DC Governance Working Group. The independent pensions administration body has today...
Holloway Friendly is closing its Optimal group risk brand to new business with immediate effect, with clients being offered the option to transfer to Canada Life on at least equivalent terms. Optimal...
Fears that pension freedoms may result in retirees running out of cash have been heightened by research showing almost half of drawdown savers are withdrawing more than 10 per cent of their...
ETF fund transaction fees can be five times the quoted Ongoing Charge Figure (OCF), with the average equity fund spending an extra 21 per cent beyond the OCF on transaction costs, according...
Barnett Waddingham is appointing former Mercer principal Andy Parker to a national role in its workplace health and wealth team. Parker joins as a national DC consultant after 10 years at Mercer...
