Rising inflation could create problems for DB schemes who have discretion to award inflation-linked increases. Aon points out that with inflation rising sharply granting higher payments could add £8bn of liabilities across...
Standard Life has now switched 87,000 members savings through its master trust default, into a new sustainable default option. This is the first stage of its process to transfer all its existing...
While Sipps allow pension investors with a keen interest in the stock market to make their own investment decisions, they have also permitted significant abuse by some corrupt advisers and unscrupulous Sipp...
Royal London’s Jamie Jenkins and Smart Pension’s Darren Philp are among six new members appointed to the Pensions and Lifetime Savings Association's (PLSA) policy board. Formed in 2018 this policy board guides...
Aston Lark announces UKGlobal as its 50th acquisition since its formation in 2018. UKGlobal Broking Group arranges insurance for a wide range of commercial sectors, as well as private clients, through a...
The People’s Pension has appointed Mark Condron to be the new chair of its trustee board. Condron, a fellow of the Institute and Faculty of Actuaries and an accredited professional trustee, has...
The investing approach of UK defined contribution (DC) schemes needs to be reviewed and refined due to changing member needs and market conditions, according to Aon. According to Aon’s 2022 UK DC...
Aviva has introduced new cancer support services for its private medical insurance customers with cancer, including individuals and small businesses, as well as major corporate plans with cancer coverage. Aviva has created...
A report published in October last year exposed a worrying link between pension schemes and climate change.The research, conducted by Make My Money Matter, an organisation which describes itself as a ‘people-powered...
Nearly two-thirds of UK adults or 62 per cent admit to focusing on the early, active stages when thinking about retirement, according to new insights from Standard Life, part of Phoenix Group....
