Record year for individual annuity premiums – ABI
The total value of premiums paid into individual pension annuities rose 4 per cent to £7.4 billion in 2025, according to data from the Association of British Insurers (ABI). The ABI said...
The total value of premiums paid into individual pension annuities rose 4 per cent to £7.4 billion in 2025, according to data from the Association of British Insurers (ABI). The ABI said...
There has been mixed industry response to the latest FCA consolation, which proposes radical changes to the pension transfer system and ways to modernise future pension projections. While there was support for...
People’s Partnership has called for the FCA transfer reforms to apply to the whole DC market to speed up consolidation and drive better outcomes for savers. The FCA is proposing a new...
Nest is launching a new ‘member assembly’ that will give its pension savers input into its future investment decisions. This assembly will bring together a group of savers, representative of the wider...
Future Growth Capital, has appointed Subbu Murugesan to the new role of head of valuations. FGC is an independent private markets manager, which was formed by Schroders and Phoenix Group. It is...
UK pension funds have at least £10.5bn invested in companies which are extracting or burning coal according to new research. This comes despite pledges by many leading DC providers to reduce exposure...
NatWest Group has agreed to acquire Evelyn Partners in a £2.7bn deal, which will result in the group overseeing more than £127bn of assets under management and total customer assets and liabilities...
The Financial Reporting Council (FRC) has launched a consultation on its proposed amendments to the actuarial standards, to ensure they remain fit for purpose with the advent of CDC schemes. The amendments...
UK defined benefit (DB) pension schemes have become stronger and more flexible, but trustees still face key decisions as market conditions and policy change, according to the Society of Pension Professionals (SPP)....
Square Health has renewed a multi-year partnership to power Aviva’s DigiCare+ and Digital GP apps. The agreement secures the ongoing delivery and development of Aviva Digital GP, DigiCare+, and DigiCare+ Workplace, Aviva’s...