Employees are unlikely to have a strong claim against their employer for the selection of an auto-enrolment scheme that performs badly or fails provided they have acted in good faith, the Government...
Sir Philip Green is the one person ultimately responsible for the BHS collapse that has left 11,000 people’s jobs and 20,000 pensioners’ benefits at threat, the Work and Pensions Committee of MPs...
Club Vita is targeting smaller and medium-sized DB schemes with a new automated longevity insurance pricing service, launched in partnership with Legal & General. Called VitaHedge, the service automatically delivers tailored indicative...
By Fiona Tait, Pensions Specialist Since the announcement in March, the Lifetime ISA (LISA) has attracted controversy. Heralded as a saviour for the self-employed and the young wanting to get on the housing...
By Fiona Tait, Pensions Specialist Ros Altmann reportedly hoped for more product innovation following pension freedom¹ and, according to one poll, 66 per cent of advisers also believe that providers should be doing more². This...
A Brexit-fuelled loss of 100,000 high earners would lead to an 8.4 per cent fall in income tax revenue, figures from LCP show. The consultancy says the UK Government faces a £13.9bn...
The growth of fintech and the wider use of big data will revolutionise insurance but could create an uninsurable ‘underclass’, according to new research. The Financial Technology Risk Report, published today by...
The Pension Protection Fund (PPF) has today reported a £4.1bn surplus and a 116.3 per cent funding ratio in its 2015/16 Annual Report and Accounts, published today. The PPF describes itself as...
Bulk annuity pricing has improved over the first half of 2016 as insurers have sourced better yields from illiquid assets says Aon Hewitt’s latest UK Bulk Annuity Update. The report says Brexit-induced...
Legal & General has appointed Colin Fitzgerald into the role of distribution director for its insurance workplace health and protection team. Fitzgerald joins from Bupa where he was head of partnerships &...
