The surplus of UK pension schemes against long-term targets remained steady at £211bn in November 2024, up from £205bn in October, according to XPS Group. Liabilities increased in value, and financing levels...
The Pension Protection Fund (PPF) has revised its figures on the state of the finances of DB schemes. These show a lower overall level of estimated buyout funding for UK DB schemes,...
BlackRock has expanded its footprint in private credit with the purchase of HPS Investment Partners for $12bn. Both firms agreed on the outline of a deal last week with confirmation and details....
The Pensions Regulator (TPR) has published updated covenant guidance for defined benefit trustees, that is aligned with its new funding code. This update provides greater certainty over how TPR expects trustees to...
Foster Denovo has acquired Brian Mole Independent Financial Advisers for an undisclosed sum as it expands across the Midlands. Based in Burton-upon-Trent, Staffordshire, the practice becomes part of the financial advisory group after...
People’s Partnership has appointed Phil Butler as deputy chief investment officer. Butler joins from M&G, where he was a multi-asset portfolio manager in the Treasury and Investment Office. In this new role...
What are the main considerations when moving from one master trust to another? The UK pension landscape is undergoing a period of significant transformation. Over the past decade, master trusts have...
Generation Z is increasingly focused on holistic wellbeing, calling for workplaces that prioritise mental, physical, and emotional health, according to the "Gen Z Employee Well-Being Handbook" by The Future Laboratory and Cigna...
Moneyhub has partnered with Independent financial advice firm WPS Advisory to launch LifeStage, a financial wellbeing app. LifeStage, which was created to assist employees in making well-informed decisions, gives them a comprehensive...
Hymans Robertson has joined the Better Business Act coalition — an organisation aiming to promote higher corporate standards across the UK. The business-led group, driven by B Lab UK, consists of almost...
