Markets react to geopolitical turmoil sparked by war in Iran
Asset managers around the world are keeping a close eye on developing events in the Middle East, as US and Israeli strikes on Iran have already spiked global volatility. A series of...
Asset managers around the world are keeping a close eye on developing events in the Middle East, as US and Israeli strikes on Iran have already spiked global volatility. A series of...
Veteran pension campaigner Ros Altmann has urged government to further delay planned changes to salary sacrifice, as current proposals risk damaging pension outcomes in the UK. Her comments come as a Lords...
The Financial Conduct Authority has confirmed its targeted support rules following a board decision, with only minor changes made since the near-final version was published in December. The regulator said most of...
Underlying operating profit was down 39 per cent to £305m (2024: £504m) at Just Group, driven by lower new business margins on lower sales. Retirement income sales were also down 18 per...
The UK’s department for Business and Trade has published the government’s finalised Sustainability Reporting Standards, which mandates corporate disclosure of sustainability rated risks. The second set of regulations launched simultaneously targets climate...
The Pension Protection Fund (PPF) has confirmed it will set a zero levy for 2026-27, marking the second consecutive year that conventional DB pension schemes will not be charged a PPF levy. ...
The Net Zero Asset Managers initiative has formally relaunched, although the move has revealed that large asset managers have since left the already floundering organization. NZAM relaunched with a public statement from...
Railpen, manager of the £34bn railways pension scheme in the UK, has appointed Sian Myers as chief people officer and Helen Whelan as chief risk officer. Myers will be accountable for Railpen’s...
The pensions industry has slammed Reform UK’s plans to turn the Local Government Pension Scheme into a sovereign wealth fund. Reform UK deputy leader Richard Tice said he wants to use the...
Consolidation of DC schemes towards larger plans could stifle innovation and create an environment with little variation, according to former pensions minister Steve Webb. Webb, who is now a partner at consultancy...