Up to 522,000 economically inactive 50 to 64-year-olds, including 25,000 who had previously retired, are currently looking for work, according to labour market statistics, which could help with staff shortages. According to...
The overall funding level of UK pension plans remained roughly steady at 104 per cent on a long-term target basis in the first month of 2023, according to XPS Pensions Group Long-term...
One in five DC pension schemes reported an increase in requests to reduce contributions or to opt out of pension saving over the last three months, according to Aon. According to Aon’s...
Mercer UK chief growth officer Nick Mclelland has left the firm to join Champion Health. He was responsible for creating and implementing a long-term and short-term sustainable sales and growth plan in...
UK pension schemes are expecting the Defined Benefit (DB) Funding Code, currently in consultation, to affect the way they are run in the future, according to Aon. Nearly 250 people attended a...
Hanneke Smits, CEO of BNY Mellon Investment Management, has been named the fourth global chair of The 30% Club. Smits has advocated for increasing gender diversity in the workplace throughout her career. She...
More than two in five or 41 per cent of UK customers say they are unsure of what to do next after getting information about pensions and retirement because they find it...
The Industry and Regulators Committee has criticised defined benefit (DB) pension funds for using leveraged liability-driven investing (LDI) strategies and is calling for steps to strengthen regulation and lessen the possibility of...
Legal & General has appointed Robert Waugh as the new chair of Trustees for the L&G Mastertrust. Waugh has more than 35 years of expertise in investments and pensions. Most recently, he...
Ross Trustees Services Limited and Independent Trustee Services Limited (“ITS”) have merged to form Independent Governance Group Limited (“IGG”). LDC, a private equity investor who made a 2020 investment in Ross Trustees,...
