DC schemes have a “once in a lifetime” opportunity to improve member outcomes through smarter deployment of capital, which could also help transform the UK’s economy, while delivering on climate change promises. This...
Little has been left untouched by Russia’s invasion of Ukraine. Add to the growing list the British tax system. Because a U-turn on planned rises to National Insurance rates from April must...
Work and Pensions Secretary Therese Coffey has re-confirmed that the Government remains committed to the state pension triple lock for the rest of this Parliament, despite a temporary move to a ‘double...
There has been a significant drop in the number of pension savers who have been advised to transfer out of their DB scheme, according to new FCA figures. These figures were published...
Health Shield Friendly Society has appointed Jacqui Carr to be its new chief executive. Carr has worked at the cash plan provider for a number of years, and has been responsible for...
Proposed regulations for Collective Defined Contribution (CDC) schemes could make it difficult for smaller schemes to offer these new pension arrangements, according to Aon. It says the high bar needed for authorisation...
Members of the British Steel Pension Scheme (BSPS) have lost £18m in compensation according to a report from National Audit Office (NAO). The report called ‘Investigation into the British Steel pension scheme’...
AllianceBernstein (AB), a research and global investment firm, is acquiring CarVal Investors. CarVal is a global private alternative investment firm with $14.3bn in assets under management, focusing on opportunistic and distressed credit,...
Four out of ten DC schemes are looking to consolidate in the next few years, according to XPS Pensions Group. According to a report by XPS report called ‘2022: the year to...
It has been another bumper year in the risk transfer market, with figures for 2021 showing £43.8bn of bulk annuities transferred and £15.2bn of longevity swaps. Aon’s 2021 UK Risk Settlement Market...
