WTW has acquired the US-based alternative investment manager FlowStone Partners. FlowStone specialise in investments into private equity secondaries for both institutional investors and high net worth clients. WTE says this will this...
WTW is poised to buy the workplace pension provider Cushon, according to latest reports. Sky News is reporting that WTW is the front-runner to buy the master trust provider from NatWest after...
ESG ratings agencies will be regulated by the FCA, as it seeks to increase transparency and reduce conflicts of interest in this area. The regulator said it had come across a number...
Howden has appointed Carla Hammond as chief financial officer for Howden Health & Employee Benefits (HEB) and Barnett Waddingham (BW). Hammond joins from Jones Lang LaSalle (JLL), where she spent 18 years...
Broadstone has appointed Damien Burke as head of regulatory practice. Burke has over 25 years of experience working in banking and lending, specialising in credit risk analytics, compliance and regulatory responsiveness within...
Investing in diversified equities, rather than solely government bonds, leads to better long-term retirement outcomes in DC pensions, but it requires managing volatility, tailored defaults and longevity risks. That was the key...
The future of ESG within the pension industry is “genuinely in doubt” due to a political backlash in the US, according to former pensions minister and consultant Guy Opperman. This stark warning...
The chancellor’s decision to restrict salary sacrifice on contributions of more than £2,000 a year could cost the largest employer £1.5m a year. This figure is from modelling by Hymans Robertson, looking...
The Office of Budget Responsibility has confirmed the government will scrap unlimited salary sacrifice on pensions, limiting the maximum contribution to £2,000. This confirmation comes ahead of the Chancellor’s Budget speech today,...
The Government has confirmed a sizeable uplift to statutory minimum pay rates ahead of today’s Budget. The Government has said these inflation-beating increases will help workers on lower salaries with persistently high...
