Almost half of UK pension schemes now employ a professional trustee, with one in three doing so under a professional corporate sole trustee (PCST) arrangement according to new data from LCP. It’s...
Hymans Robertson has appointed Susan Black to the new role of head of GAP (governance, administration and projects) within its LGPS team. Hymans says this role has been created against the backdrop...
Arthur J Gallagher has confirmed that a deal to buy Willis Towers Watson’s retail brokerage operation and reinsurance assets will not go ahead, following the termination of the Aon and WTW merger...
The proposed $30bn merger of Aon and Willis Towers Watson has collapsed following intervention by the US Department of Justice. The two parties have terminated an agreement that would have created the...
DB pension transfer activity increased for the third month in a row in June according to the XPS Transfer Watch Index. This index gives an annualised rate that shows that for every...
More than nine out of 10 companies see more responsible business practices being a key driver of future growth, according to new employee benefit research. However, the findings suggest that for this...
Automatic enrolment has been a huge success, but it’s placed the trustees of defined contribution, occupational pension schemes (DC OPS) under significant pressure. If we just look at the numbers; the trustees...
The British pensions industry is gifted in making things more complicated than they need to be. But at its most simple there are two parts: the building up bit, and the spending...
With the shift to home working and the broader challenges that the pandemic has brought, ensuring employees’ wellbeing is looked after has been a priority for employers. The past 12 months has...
Across much of the pensions industry, member engagement is verging on non-existent. Trustees and employers are investing in high-quality communication exercises, but it is an uphill battle. The “why” behind this effort...
