UK

The information drought accompanying this April’s announcement that Aviva had completed the £453 million acquisition of AIG Life left us knowing little more than when the deal was originally announced last September.  At...

Conservative losses in recent local and mayoral elections, a recent string of by-election defeats and Labour extending its leads in the polls have led many to predict that Sir Keir Starmer will...

The majority of DB schemes now have a professional trustee on their board, according to a new survey from Aon. It’s survey found that 57 per cent of respondent said they have...

XPS Pensions Group will be admitted to the FTSE 250, following the quarterly rebalancing of the London stock market indices. The pensions consultancy has expanded significantly in recent years, announcing 20 per...

The independent financial adviser network, Tenet Group and three of its subsidiary groups have gone into administration. It is understood that 95 employees have been made redundant, with the Financial Services compensation...

Smart has appointed Gordon Wilson as the new chair of its board. Wilson succeeds Ruston Smith, who has overseen rapid expansion of the fintech during his term as chair and a non-executive...

Twelve major master trusts will incorporate illiquid assets within their default strategies, although a number will only offer this on higher-cost ‘premium’ default options. Research by consultants Isio looked at the planned...

Dalriada Trustees has further expanded its team by appointing Barbara Fewkes as a professional trustee. Fewkes previously worked as a partner and scheme actuary at Barnett Waddingham. She has joined Dalriada’s Glasgow...

Almost three out of 10 retirees said they withdrew money from their pension funds before moving into full-time retirement, potentially storing up financial problems for later life.  Research by Just Group found...

  DB schemes are being warned there are significant changes they need to take into account when making 2024 valuations. Hymans Robertson says that triennial valuations for DB schemes are taking place...