UK

National Pension Trust (NPT), the £1bn-plus master trust from XPS, is rumoured to be on the cusp of being sold to SEI. DC pension provider NPT had £1.3bn in assets at the...

A remarkable 73 per cent of UK investors believe that ChatGPT has the potential to offer reliable financial advice in the future, according to the Investor Index, an annual study of UK...

Ben Hampton CEO of Wealth Wizards, has been appointed to the working group responsible for the advice/guidance boundary review. The Financial Conduct Authority (FCA) and the Treasury are working together on this...

The Female Forum, a London network for professional women created in 2022, has unveiled the Pension Chapter, an industry-specific project with the goal of creating a strategic network for women working in the...

Mutuals are well-positioned to fulfil the growing public demand for businesses that prioritise societal and environmental wellbeing, according to research from the Social Market Foundation (SMF). According to the report, the public...

Standardised mortality rates in England & Wales experienced an average 3 per cent decline in 2022 compared to the previous year, according to the Continuous Mortality Investigation (CMI). The Continuous Mortality Investigation...

The Bank of England's monetary policy committee voted 7-2 in favour of a controversial 50 basis point increase, raising the bank rate to 5.0 per cent, as a response to heightened levels...

Private sector DB schemes have showcased resilience with a mere 3 per cent decline in market value from Q3 to Q4 amid market turbulence, according to an Office for National Statistics (ONS),...

Sticky inflation may cause state pension to increase by a sizable amount in 2024, giving pensioners a big income boost, according to Broadstone. Those receiving a full state pension will now earn £10,600...

The latest inflation data reveals that the headline rate of Consumer Price Index (CPI) stood at 8.7 per cent for the 12-month period ending in May 2023, according to the latest ONS...