UK

The Department of Work and Pension has confirmed that pension pots of less than £1,000 will be rolled into a ‘consolidation vehicle’ in a bid to tackle the proliferation of small deferred...

Chancellor Jeremy Hunt has warned that underperforming DC pension schemes face being closed down by regulators, in a move that will see the UK workplace pension landscape emulate that in Australia. In...

Major pension providers have announced that they will sign the Mansion House compact agreement following Chancellor Jeremy Hunt's speech which outlined measures to boost investment into UK businesses. Aegon, Mercer and Smart...

Penfold has launched the Penfold Platform with the goal of assisting accountants in shortening the time it takes to handle pensions and optimising workdays. Penfold says the platform's primary focus is to...

Moneyhub has partnered with Voyant, a firm offering wealth management solutions to IFAs and advisory firms. Voyant will now use Moneyhub’s open finance and open banking APIs on all its adviser systems....

The Mansion House 'compact' will be unveiled this evening by Chancellor Jeremy Hunt, outlining an agreement with a number of leading UK defined contribution schemes that will see them invest £50bn of...

Workplace pension savers could see their retirement income increase by 20 per cent if the DC sector adopts a more innovative approach to risk sharing - which could include CDC solutions. This...

Master trust provider TPT Retirement Solutions has appointed Paul Eagles as its senior professional services manager. Eagles joins from Legal & General Investment Management, where he was headed DC client commercials and...

Aon UK DC pension tracker experienced a slight decrease in Q1, impacting younger savers the most. The Aon UK DC Tracker decreased from 69.7 to 67.9 throughout the course of the quarter....

Scottish Widow head of responsible investments and stewardship Maria Nazarova-Doyle is leaving the firm after nearly four years.  Nazarova-Doyle announced her departure on a Linkedin post, where she highlighted several achievements during...