Nobel prize winning economist William Sharpe famously called decumulation the “nastiest, hardest problem in finance”; the UK government believes it may have found a solution through guided retirement legislation. Current arrangements in...
UK gilt yields have continued to rise, with the economy now risking a “slow Truss” disaster, according to a CEO of one of the world’s largest IFA organisations. This stark warning comes...
TPT Retirement Solutions has appointed Geoff Tookey as head of trustee services. Tookey, a qualified actuary, brings over twenty years of experience in pensions. He joins TPT from Bank of America, where...
The Association of Consulting Actuaries (ACA) has called for the Value for Money (VfM) framework to be tested before it publishes ratings. It warned that the proposed methodology could produce misleading comparisons...
People’s Pension has further expanded its investment team by appointing Daniel Spencer as co-head of fixed income. Spencer joins from Brunel Pensions Partnership, where he spent eight years as a portfolio manager, leading...
Arboreum Pensions has launched a new multi-employer whole-of-life CDC scheme, which will initially offer workplace pensions to the Timspon and Vestey family-run businesses. The new CDC will seek authorisation from TPR with...
Independent Governance Group (IGG) has appointed Andrew McIlhinney as a trustee director. He joins from DLA Piper, where he was a partner in the firm’s Leeds office and led its Yorkshire pensions...
Aon has appointed Alice Wilmot to lead its UK retirement covenant and security team. Wilmot who is an associate partner with Aon, takes over from Alex Beecraft who will continue to support...
Standard Life won £6.2bn of new workplace pension schemes in the last six months, including its largest ever client win as it secured further growth across its pensions and savings business. These...
Many charity pension schemes are now either in surplus or approaching full funding, with Hymans Robertson calling on trustees to focus less on deficit recovery and more on long-term strategic decisions, including...
