The Financial Conduct Authority (FCA) has launched a review of the rules governing defined contribution (DC) pensions, with a focus on pension projections, DC pension transfers and consolidation, and Self-Invested Personal Pensions...
Aegon UK has appointed Nick Blake to its board as a non-executive director, effective immediately. Blake takes over from David Dalton Brown, who leaves the Aegon UK Board after nine years. He will...
The Trustee of the Wates Pension Fund and Wates Group have agreed on transferring DB members to Clara Pensions. The transfer includes 1,500 members and £210m of scheme assets and is expected...
The £1.2 trillion sitting in defined benefit schemes offers a potential lifeline to address some of the financial pressures the country is facing - including national debt exceeding 100 per cent of...
The Pension Protection Fund is looking to reduce its annual levy to zero, reflecting the improved funding position of many defined benefit schemes. In total the PPF now has reserves of more...
The Aon UK DC Pension Tracker dipped slightly in Q3 2024, declining from 65.2 to 64.6, reflecting lower expected retirement living standards. The most impacted savers were younger savers, whose predicted retirement...
Barnett Waddingham has appointed Alison Murray as a principal and senior consultant within its public sector team. Murray joins from Aon where she worked for over 12 years, most recently as head...
Employers are playing an increasingly important role in the private healthcare market, with seven out of 10 treatments funded through PMI policies in the second quarter of 2024. Over this period almost...
CDC must be made "attractive and accessible through a broad range of designs" from multiple providers as the market matures, according to Hymans Robertson. The paper, CDC: The Pensions Industry Perspective, is...
The DC workplace industry has welcomed FCA proposals to introduced targeted support for pensions as a ‘third way’ option between full-fat advice and more generalised guidance. Standard Life retirement savings director Mike...
