Aegon UK is including a more significant allocation to private markets within its second largest workplace default, the Aegon LifePath strategy. This default strategy is used by more than 375,000 pension savers...
Insuretech firm Lumera will acquire the consultancy firm Acuity for an undisclosed sum. Acuity specialists in complex pensions and workforce reforms for public sector schemes, and has longstanding relationships with both the...
There’s no getting away from it, charges are going to go up across the board in the DC pensions market. The current dual or multiple default strategy is only going to last...
The Financial Conduct Authority (FCA) is reviewing the rules around contract-based pensions to allow performance fees to be included outside of the 0.75 per cent charge cap. Some media outlets have reported...
More than 250,000 additional people aged 60–64 are now living in relative income poverty compared with 2010, as state pension age increases take effect, according to a report from the Standard Life...
The number of people with defined benefits pensions continues to decline, according to the latest annual report by The Pensions Regulator. Its review of UK DB sector shows the sector continues to...
More than 27 per cent of UK workers, around 9 million people, have no idea how many pay days remain before they stop working, according to Aviva. According to Aviva, awareness declines...
Mercer's workplace savings solutions will invest £350m into private markets through a new bespoke LTAF run by Schroders. This new LTAF will be the primary vehicle for private market investment for both...
The Government will consult on whether there needs to be greater regulation of trustees, via a new accreditation process and centrally set standards. The consultation is also asking for industry feedback on...
One in five DC members aged 55 and over have started using L&G’s Guided Retirement Planner in its first year, according to the firm. The planner was launched ahead of the FCA’s...
