Canada Life completes £330m Comet Pension buy-in
Canada Life UK has secured the future benefits of 4,500 members of the Comet Pension Scheme through a £330 million full-scheme buy-in. The scheme’s sponsor, part of the European retail group Fnac...
Canada Life UK has secured the future benefits of 4,500 members of the Comet Pension Scheme through a £330 million full-scheme buy-in. The scheme’s sponsor, part of the European retail group Fnac...
Funding levels edged lower in November with Broadstone’s fully hedged model slipping from 72.5 per cent to 71.7 per cent while the 50 per cent hedged scheme dipped from 109.1 per cent...
Smart Pension has joined forces with investment platform Mobius and technology and renewable specialists to explore how tokenisation could open up access to private market assets. Octopus Energy Generation and Ctrl Alt,...
The Keep Britain Working Review, published on 5 November, proposes a fundamental shift in the way workplace health is managed. And with it recommending a larger role for employers in supporting employee...
The UK pensions industry faces another major shake-up with the proposed introduction of retirement-only CDC arrangements. This reflects a new focus from policymakers and regulators on decumulation, with the recognition that in...
The financial position of DB pensions continues to improve, with the PPF index showing scheme surpluses rose by £22.1bn over the past year. The surplus for the 4,838 schemes in this index...
About a third of employers, 32 per cent, do not track the impact of sickness absence, a shift from 2024 when 69 per cent did, the highest level in six years and...
The Pensions Regulator (TPR) has issued new administration guidance for trustees and scheme managers amid consolidation and regulatory change across the sector. The regulator says this revised guidance is designed to help...
Smart Pension has completed the £650m transfer of assets from Options Workplace Pension Trust, bringing its total AUM to just over £9.3bn. This is one of the largest master trust to master...
Record numbers engaged with lost pensions on National Pension Tracing Day, with 190,000 reached on social media, nearly 2,000 starting to trace pots and 18,021 website sessions, up 131 per cent on...