Insurers welcome planned changes to statutory sick pay
The Labour government has announced plans to change sick pay rules, to ensure the UK's lowest paid workers receive up to 80 per cent of their weekly salary from their first day...
The Labour government has announced plans to change sick pay rules, to ensure the UK's lowest paid workers receive up to 80 per cent of their weekly salary from their first day...
The Pensions Regulator (TPR) has launched a data strategy to raise industry standards and improve saver outcomes through better data practices, urging the industry to "capitalise" on this data revolution. According to...
Isio has appointed ex-FCA supervisory specialist Ritchie Thomson to be a strategic advisor to its regulatory conduct business. Thomson worked for the FCA for 20 years, and led the regulators’ supervisory work...
Pension schemes face increasing pressure to act on climate change, but with limited resources, a strategic approach is key, says the Trustee Sustainability Working Group (TSWG). TSWG is a new coalition of...
Schroders has been appointed as a partner by Utmost Life and Pensions (ULP) as it enters the bulk purchase annuity (BPA) market. Schroders will initially manage nearly £400 million of ULP’s annuity...
DB transfer values fell to a record low in mid-January 2025 following a month-end drop in December 2024, according to XPS Group’s Transfer Value Index. The Index hit £142,000 before recovering slightly...
Medicash has added two new AI-driven digital health tools to its its corporate cash plan, offering employees additional monitoring and assessment options. Those covered on Medicash's Proactive plan will be able to...
The People’s Pension has appointed Amundi and Invesco to manage £28bn of the master trusts £32bn of assets. State Street Global Advisors had previously run the entire portfolio, but this US-based asset...
The Society of Pension Professionals (SPP) has called on regulators to focus on ‘practical solutions’ to ongoing problems with pension transfers. Its response is to the FCA discussion paper: “Pensions: Adapting our...
The People’s Pension is calling on regulators to delay the commercial pension dashboard until providers can show simple, directly comparable metrics on investment performance, charges and customers. These comments are in response...