UK

Nest, the UK’s largest master trust pension, has confirmed it will disinvest from all tobacco stocks over the next two years.  It currently has a £40m exposure to this industry through its...

Health insurer Medicash has bought health and wellbeing consultancy Health@Work for an undisclosed sum.  This deal was completed at the end of March with the wellbeing team now moved to Medicash’s head...

The Transparency Task Force has appointed Bobby Riddaway as its new ambassador.  Riddaway is current a senior investment consultant at Capital Employee Solutions. In his new role he will be working with...

More than seven out of 10 DC scheme members want to see responsible or ethical investment strategies within their default fund, according to new research. The survey, by Invesco Perpetual, found that...

Employers need to do more to educate workers about their pension benefits in order to tackle problems of under-saving for retirement.  Wealth at work, a specialist provider of financial guidance in the...

Recent retirees have  incomes that are now 20 per cent higher than older pensioners, according to new government data.  Aegon has analysed the Pensioners’ Income Series, published annually by the Department of...

The Pension Scams Industry Group has published a revised code of good practice for trustees, providers and administrators in a bid to combat this growing problem.  This new set of voluntary guidelines...

The Association of Consulting Actuaries has given support for government proposals to allow first-time buyers to use pension funds for a deposit, despite widespread criticism from elsewhere in the pension industry. These...

VitalityHealth has enhanced its cancer cover across the vast majority of its PMI plans. This higher level of cover will be available to members, at no additional premium cost.  The company has combined...

Almost one out of 2 employees report seeing signs of stress among their colleagues, according to a new survey from healthcare provider Cigna. As a result the company is launching a new...