Decline in DB and hybrid schemes continues
The Pension Regulator's 2023 annual landscape report on DB and Hybrid schemes reveals a consistent decline in the total number of schemes since 2022, down by 2 per cent from 5,378 to...
The Pension Regulator's 2023 annual landscape report on DB and Hybrid schemes reveals a consistent decline in the total number of schemes since 2022, down by 2 per cent from 5,378 to...
Royal London has joined the Equity Release Council, broadening its later life portfolio. Royal London provides savings, asset management, and protection products. It now manages over 8.6 million policies and £153 billion...
Around 71 per cent of organisations do not provide internal communicators guidance on when, where or how to use AI technology, according to Gallagher’s. According to Gallagher's 2023/24 State of the Sector...
Zedra has promoted Matt Riley and Matt Race-Pridding to be senior client managers within the organisation. Riley who is based in Zedra’s Birmingham office, has been with the team since 2008. He...
Almost two in three pension professionals say The Pensions Regulator's new general code offers a “real opportunity to add value” to clients. This survey was conducted by The Society of Pension Professionals...
Employees in the finance and insurance sector are underutilising their annual leave, potentially exceeding contracted hours, with a 9.11 per cent drop in average yearly leave. Access People, an HR solutions specialist,...
The range of annuity rates offered by different providers widens significantly as people age, according to new data. Analysis by retirement specialists Just Group found that the gap between the highest and...
Annuity sales hit £5.2 billion in 2023, up 46 per cent from the previous year and the biggest since 2014 when pension freedoms were declared. An increase in the number of annuity...
Canada Life has appointed Shreyas Sridhar as its new business development director for Bulk Purchase Annuities. Shreyas has over 15 years of experience in the financial services sector, most recently at Legal...
2023 was a remarkable year for defined benefit pension schemes. For many schemes and their sponsors, the world has changed: funding conversations are less about how to address deficits but instead focus...