UK

HSBC has abandoned plans to enter the master trust market, four years after it became the first provider to receive authorisation from TPR.  Despite announcing ambition plans to be a top five player within...

Broadstone has appointed Jeremy Clack as its senior actuarial director. Clack joins from Willis Towers Watson where he has worked for most of his 20-year career.  Over this period Clack has worked advising...

Direct Line Group will be transferring its DC pension scheme into LifeSight’s master trust. This transfer will boost LifeSight’s assets by £425m and will add 16,5000 members to the scheme.  The Direct...

There has been a 36 per cent rise in the number of people searching for information on how to opt out of workplace pensions These figures were compiled from an analysis of...

More than 5.6m people missed bill or loan payments in three of the last six months, as the cost of living crisis bites. This number has risen by a third over this...

Legal & General paid out £320.4m in claims across its group risk business in 2022. This covered claims on its group life, group income protection and group critical illness policies. Legal and General...

Almost eight out of 10 employers believe that their pension scheme offers value for money — although only half of their employees (49 per cent) agree. These findings by Cushon show there...

There is a ‘wellbeing gap’ in many UK organisations, with only a third of HR directors saying wellbeing initiatives are fully integrated into their business and talent strategy. The research by Aon...

The Financial Conduct Authority has censured Lighthouse Advisory Services for the unsuitable advice given to those looking to transfer out of defined benefit pension schemes. These “serious failings” occurred between 2015 and...

Twenty five members of the Net Zero Asset Managers’ Initiative (NZAMI) are potentially misleading clients, according to a green think tank —by having more than $365bn (£295bn)  invested in 15 of the...