Mercer has appointed Malcolm Reynolds as its UK head of pension administration. Reynolds moves from JLT, which was recently acquired by Mercer’s parent company Marsh & McLennan. Reynolds has been with JLT...
PIB Group has acquired Sanlam Wealth Planning UK’s employee benefit division. This department and its client book will transfer with immediate effect, and will now trade under the PIB Employee Benefits brand....
Nest has confirmed its new subsidiary, Nest Invest has received authorisation as an Occupational Pension Scheme. Nest’s chief investment officer Mark Fawcett says: “The Financial Conduct Authority has reviewed our application and...
Three out of four people have no idea where their pension is invested, while nine out of 10 did not know what a ‘default’ fund is, according to new research. This is...
Master trust default schemes continue to enjoy positive returns across the different stages of the glidepath, according to the latest report from Hymans Robertson. Its third annual master trust default report details...
The Financial Conduct Authority has finalised rules which extend the role of Independent Governance Committees in workplace pensions. For the first time IGCs will be responsible for overseeing a pension’s provider approach...
Nest is testing more stringent environmental targets as a way to protect investors from the the risks posed by climate change. The UK’s biggest master trust, which looks after the pension of...
Hymans Robertson has advised on a £800m longevity swap for a FTSE100 pension scheme. Hymans Robertson said that it has negotiated the first “enhanced pass through structure” with Zurich, with the majority...
Seven out of 10 companies are not making provision for an ageing workforce, according to the latest research. Towergate Health & Protection found the majority of companies were not looking at the...
Smart Pension has been appointed as the preferred provider for Guernsey’s new auto-enrolled pension scheme. All employees living and working in Guernsey will be enrolled into the Your Island Pension Scheme in...
