UK

Aviva has completed a £4m full scheme buy-out with the pension scheme of Finnair —  the largest airline in  Finland.  Aviva initially completed a buy-in and within just two months moved to...

Corporate advisers could bar providers from pitch exercises if they do not fully disclose performance-related fees paid on private markets investments.  This was a key issue for advisers at a recent round...

Many DC workplace pensions schemes are set to embrace private assets urged on by the Government and the prospect of higher returns, but what, roughly, is  an appropriate percentage for schemes to...

Employee welfare and workplace conduct rose up the corporate agenda last year, due to legislative changes, and concerns about health and wellbeing. These were the key findings of research by governance firm...

L&G has seen a significant increase in online renewals in its group protection business following the introduction of its digital platform Onix. L&G says it has seen a 144 per cent increase...

Employer-sponsored private medical insurance coverage hit an all-time high in 2024, with 4.8m employees now covered by workplace schemes, according to figures from the Association of British Insurers. This marks the second...

The Treasury Select Committee has criticised regulators for their lax approach to artificial intelligence, potentially exposing the public and the financial system to ‘serious harm’. These were the damning conclusions of the...

Maxis Global Benefits Network has partnered with financial wellbeing provider LearnLux.  LearnLux offers a range of educational resources and tools on its platform that can help employees with budgeting, managing debt, selecting...

Canada Life UK has appointed Stuart Carroll to be its new chief actuary. He succeeds Mark Pibworth who has moved to part-time role within the actuarial department.  Carroll has considerable experience in...

Pension schemes and administration can now access a new guide on digital transformation, published  by PASA. This is the second part of its digital administration guidance series, and focuses on planning an...