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...
Pension credit claims for the 2024/25 year to date have reached 300,000, according to the Department for Work and Pensions (DWP), surpassing the 251,100 applications received during the entire 2023/24 period. About...
Spectrum.Life has appointed Ian Ranger as head of insurance for the UK and Ireland. Ranger has over 17 years of experience in the protection market having held roles at Canada Life and...
Strong growth in its wealth and retirement division have helped Aviva deliver profits of £1.77bn last year, a figures that was ahead of analysts' expectations. Publishing its full-year results this morning, Aviva...
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...
Standard Life says it has seen increased demand for offshore bond last year, in part due to the proposed IHT reforms to pensions. Standard Life says saw a 56 per cent increase...
