UK

The aggregate surplus of the 5,050 schemes in the PPF 7800 Index rose to £442.3bn in February 2024 from £425.4bn in January 2024. This marks an improvement from the £381.4bn surplus recorded...

Over the next ten years, sponsors and participants in defined benefit (DB) pension schemes may receive a return of over £100bn, according to Isio. About 40 per cent of schemes might make...

Cushon has appointed Veronica Humble to be its new chief investment officer.  Humble joins from Legal and General Investment Management where she was head of DC investment strategy, responsible for investments, product...

The voluntary goal of having at least one board member from an ethnic minority has been exceeded by 96 per cent of FTSE 100 businesses and 60 per cent of FTSE 250...

Barnett Waddingham has appointed Nick Websdell to be a senior risk and resilience consultant for the pensions consultancy.  Websdell joins has almost 25 years experience working for the Co-operative Bank and wider...

Pension schemes are rapidly decarbonising — with seven out of 20 leading providers halving emissions in recent years, according to data from Corporate Advisers latest ESG in DC pensions report.  This sector-wide...

The British Association of Counselling and Psychotherapy is to investigate leading EAP provider Health Assured, following a BBC File on 4 programme, that claiming calls were not always handled appropriately.  Health Assured...

How has ESG in pensions evolved in recent years?  We have seen significant changes in the last five years. Initially ESG was primarily a risk management tool, aimed at identifying sectors and...

In just three years we’ve had the visceral shock of the pandemic, fears that warfare overseas could undermine domestic stability and, of course, the cost-of-living crisis. Expecting UK workers to prioritise their...

Annuity rates have edged upwards again, and are now just below the recent record high recorded in the wake  of Liz Truss’s disastrous mini Budget.  Annuity rates have risen over the past...