UK

The Bank of England's decision to cut interest rates in response to the coronavirus crisis have driven defined benefit deficits higher, with UK pension schemes facing a funding hole of £166.1bn by...

The Pensions and Lifetime Savings Association (PLSA) is calling for the establishment of a new regulatory framework to help savers with the complex decisions they face accessing their pension at retirement. The...

AJ Bell CEO Andy Bell has written to the newly appointed FCA chief executive warning proposed investment pathways could potential create a new misselling scandal.  In the letter Bell highlights the “consumer...

More employees working for smaller companies trust their employer to look after them, when compared to those working for larger SMEs, despite the fact these larger organisations are more likely to have...

The Cardano Group has appointed Emma Hill to the newly created role of group brand and marketing director.  Cardano runs a number of pension companies including Now: Pensions and Lincoln Pensions in...

Three out of four employers will review their employee benefits offering in direct response to the  Covid-19 pandemic, according to new research. Howden Employee Benefits & Wellbeing's  research, undertaken this September, found...

Mercer has earned the highest PRI ranking for its responsible investment strategy.  The Principles of Responsible Investment (PRI), which is supported  by the UN, is an independent global body dedicated to promoting...

The BT Pension Scheme - the UK’s largest company pension - will aim for its portfolio to be net zero, in terms of greenhouse gas emissions, by 2035.   The new climate...

MetLife UK has expanded its wellbeing proposition by offering additional digital support channels to employees.  It said this follows a sharp increase in demand for a range of services offering help with...

Retirement fintech provider Smart is launches its pensions business in the US today.  Smart already offers a master trust in the UK, which now runs over 70,000 retirement plans on it. The...