UK

Rising living and housing costs mean that average retiree needs an income of £37,000 in 2025 — around £25,000 per year more than they will get from the state pension. A significant...

Aviva Investors has appointed Heather Brown as head of EMEA institutional client relationship management. Brown, who previously oversaw Aviva Investors' UK Institutional sales team, will now report to Steven Gardner, head of...

The Prudential Regulation Authority (PRA) has set its 2025 priorities for the UK insurance industry in 2025, emphasising financial security for policyholders, safe operations, and adaptation to reforms and emerging risks. One...

Over the final quarter of 2024 and into 2025 UK gilt yields have risen steadily, with the 15-year nominal (spot rate) yield increasing from 4.43 per cent as at 30 September 2024...

Annuity rates have soared into 2025, driven by rising gilt yields, up from 4.23 per cent to 5.179 per cent, and slower interest rate cut expectations, offering retirees stronger, long-term returns, with...

Utmost Life and Pensions has entered the bulk purchase annuity (BPA) market, forming a team of over 20 people and completing transactions with two pension schemes in late 2024. The company says...

Legal & General’s Private Markets Fund has appointed Invesco Real Estate, the £67.2bn global property arm of Invesco, to provide US and Asia real estate exposure. Launched in July to serve its...

Fewer than one in five workers have factored in potential care costs into their retirement planning according to new research from Barnett Waddingham.  The consultant says this is a major reason why...

Standard Life has completed a £1.5bn bulk purchase annuity transaction with Compass Group Pension Plan, securing the benefits of over 14,000 pensioner members and over 11,000 deferred members. Mercer acted as lead...

Younger workers are more likely than older colleagues to see the health benefits of office-based work, with 61 per cent of under-35s valuing its social components compared to 49 per cent of...