The Department of Work and Pension has approved plans for the Royal Mail to launch the UK’s first collective defined contribution (CDC) pension scheme. This confirmation was given in the DWP’s published...
The industry body - Group Risk Development (Grid) - found that only 27 per cent of employers surveyed identified the correct definition of a GCI as “a policy taken out by an...
These were the conclusions from a panel of experts at a recent Defined Contribution Investment Forum Event, which pointed out many UK savers were “disengaged and disillusioned with pensions, and financial services...
Neale made the comments ‘in a personal capacity’ at the UK Finance’s Retail Banking Summit. He called for consumer protection to “increase significantly”, but added that he did not think this statutory ...
Gilbert was previously been head of Aberdeen Asset Management, a role he held for more than 30 years. However despite stepping down from the top role, Gilbert is not leaving the company....
A new report from Bravura warns that the government and pensions industry risk undoing the good work of AE, unless policy and products evolve to meet the needs of future generations. It...
The market has seen an explosion of wellbeing apps and service providers over recent years. Private medical insurance (PMI) providers could develop the role of aggregator and delivery vehicle for a range...
Aon has confirmed it is considering a bid for rival broker Willis Towers Watson, in what could be the industry's largest merger. On Tuesday Aon confirmed that the companies have held preliminary...
Phoenix Group - which purchased Standard Life Aberdeen’s insurance business last year - confirmed that the regulator was considering further action in its annual results, published on March 5. It said that...
This statement provides more detailed guidance on how schemes should approaching forthcoming valuations. It is particularly relevant to schemes conducting valuations from 22 September 2018 to 21 September 2019. TPR says trustees...
