Royal London has connected to the Pensions Dashboards Programme (PDP) Ecosystem, joining Aegon, Fidelity, Barnett Waddingham and Standard Life. Royal London says it will provide customers with a digital view of their...
Gilt yields and lower long-term inflation expectations are continuing to drive down the value of DB transfers. XPS Group’s transfer value index recorded a new record low for the second consecutive month...
Trustees and pension professionals say the majority of DB schemes they are advising on wind-up are looking at a ‘material surplus’ of funds, which could be distributed to employers. At a recent...
Across the pensions industry, most DC developments are introduced in an even-handed way, with occupational and contract-based pension schemes receiving similar levels of scrutiny. For example, the new value for money requirements...
Changes to salary sacrifice are ‘firmly on the government’s agenda’ according to a leading pensions expert, following HMRC research on this issue. HMRC has today published research conducted among employers, looking at...
More than nine out of 10 businesses plan to access surplus funds in closed DB once the government amends legislation to permit this. The research from Brightwell, the company that manages BT’s...
Nest Corporation has appointed Femi Bamisaiye to be the scheme’s new chief technology and operating officer (CTOO). This role is a new addition to Nest’s executive team. Bamisaiye was most recently chief information...
Defined contribution (DC) pension strategies with higher equity allocations faced losses in Q1 2025 as markets fell. According to Isio, portfolios with higher cash and lower equity helped limit losses, showing the...
Penfold has raised £3.9m from Gresham House Venture in its latest round of top-up funding. Penfold says this additional funding will help it scale its presence in the UK SME and accountancy...
Royal London will acquire the UK-based infrastructure manager Dalmore Capital, which manages around £6bn of assets across five flagship funds. As part of this deal Royal London has pledged to commit up...
