Pension Insurance Corporation (PIC) has completed a £4.3bn buy-in with the Rolls-Royce UK DB pension fund. This transactions covers the pensions of 36,000 people, which includes 15,000 pensioners and 21,000 deferred members....
UK defined benefit (DB) pension schemes’ aggregate surplus against long-term funding targets rose to around £211bn in July 2025, according to XPS Group. That’s £5bn higher than in June and £41bn more...
Seven out of 10 people accessing their retirement savings are under the age of 65 — raising questions about whether they are accessing these funds too early. This latest data from the Department...
Vitality has appointed Dr Rishi Patel as clinical operations director. Patel, who was previously at Bupa, joins the leadership team at Vitality’s health insurance business to lead the clinical operations function. In...
Former Labour leader Lord Kinnock has called on Chancellor Rachel Reeves to introduce VAT on private healthcare services, suggesting the measure could raise billions to support NHS reform and funding. Kinnock argued...
The average time to complete a simple pension transfer fell to 10.8 working days in the 12 months to 30 June 2025, down from 11 days at the end of March, according...
Eligible private sector employees paid a record £25.5bn into workplace pensions in 2024, according to analysis by Broadstone. According to an analysis of newly published Department for Work and Pensions data, the...
Vitality has seen record sign-ups to its annual Champions programme recruitment, with 750 new employees joining this year to bring the total to 2,139 across more than 1,200 businesses, supporting over 190,000...
Pension Protection Fund has appointed Conor Lawlor as chief strategy and communications officer. In this new role, he sits on the executive committee and is responsible for corporate affairs, strategy, public policy,...
A new verbal AI tool designed to support pension teams is due to go live with its first client this month. The AI pensions manager assistant, developed by Financial Education, led by...
