UK

The UK government has proposed to remove the 3-day waiting period for sick pay and pay benefits from the first day of sickness absence instead. In a joint statement, MPs Priti Patel...

Over 43 per can of UK pension schemes are now targeting an insurance buy-out as their endgame solution, up from 35 per cent a year ago, according to a survey by Janus...

The Financial Conduct Authority (FCA) has provided guidance on risk management and operational arrangements for LDI managers in response to the recent recommendations made by the Bank of England's Financial Policy committee...

More than 50,000 people have left the NHS Pension Scheme this tax year due to affordability concerns caused by the cost-of-living crisis, according to Quilter. The data, which was obtained by submitting...

XPS Pensions Group's Transfer Activity Index shows a slight decrease in March with 38 members per 100,000 transferring out. According to XPS Pensions’  report on pension transfers for March 2023, this represents...

PensionSmith, a comprehensive digital platform designed for pension schemes, has officially launched in the UK. The PensionSmith platform is a solution that makes managing pension plans easier for both scheme administrators and...

Broadstone has appointed Stuart Bradbury as its head of corporate services. Bradbury was previously a senior actuarial director and head of Manchester advisory. His hiring comes at a crucial time for corporate...

The Pensions Regulator (TPR) has pushed back the publication of its new defined benefit funding code until April 2024. This new code was initially due to be be finalised and implemented in...

Bupa has launched a new workplace mental health proposition which is focused on early intervention and helping employees maintain good mental health. The new product — called Workplace Mental Health Advantage — ...

Pension companies Aviva and Phoenix Group have quit the Confederation of British Insurers (CBI) this morning, after new allegations of sexual misconduct at the business lobby group emerged. The two insurers —...