UK

The Labour government has announced plans to change sick pay rules, to ensure the UK's lowest paid workers receive up to 80 per cent of their weekly salary from their first day...

The Pensions Regulator (TPR) has launched a data strategy to raise industry standards and improve saver outcomes through better data practices, urging the industry to "capitalise" on this data revolution. According to...

Investment platform Tillit has launched a range of Shariah-compliant investment opportunities for its workplace pensions clients and retail customers. Tillit, which operates a workplace Sipp is launching two new equity funds within...

Canadian finance company Brookfield Wealth Solutions has become the fourth new entrant to the bulk annuity market in 18 months.  The company will trade in this country under the Blumont Annuity UK...

Is the Mansion House drive to “limit defaults” driven by a greater focus on scale to accelerate value? Is it part of the regulatory focus to make the UK DC pension structure...

Employees in the UK are not given enough time off or support to grieve, according to MetLife UK. According to the survey, 21 per cent of employees, up from 15 per cent...

Isio has appointed ex-FCA supervisory specialist Ritchie Thomson to be a strategic advisor to its regulatory conduct business. Thomson worked for the FCA for 20 years, and led the regulators’ supervisory work...

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...