Health secretary Wes Streeting has confirmed that there would be no VAT on private healthcare in the upcoming Budget, saying, “It's not happening.” Streeting’s clarification follows reports that the chancellor was considering...
The Pensions Regulator has warned that schemes must build the governance, skills and budgets to assess the full range of asset classes, including private markets, or face consolidation. Speaking at the Corporate...
Towergate Employee Benefits has appointed Dasha Ivanova to be its new client director. Ivanova joins from Aon, and has over 10 years in the industry. She will report to Mark Pugh, head of...
Aviva has launched a new default option offering a significant allocation to private markets, designed to help the provider meet its Mansion House commitments. This default — called My Future Vision —...
The Trustee Sustainability Working Group (TSWG) is calling for a temporary pause on pension scheme climate reporting, arguing that freeing sustainability experts from box-ticking compliance could be the "silver bullet" to unlock...
President Trump’s hostile attitude towards climate change, net zero and DE&I initiatives appears to have made UK investors more positive towards ESG investing. Research by the Association of Investment Companies (AIC) found...
The Investing and Saving Alliance (TISA) has welcomed regulatory clarity on pension cancellation rights but warned that an outright ban on reversing tax-free cash withdrawals could prove “unduly harsh” for savers. His...
The Aviva Master Trust has exceeded £15bn of assets under management, as pension schemes continue to scale upwards. The master trust is now used by more than 550 employers, looking after the...
Pension engagement is lowest among those nearing retirement, with 17 per cent of over-55s saying they have never reviewed their pension, according to new research from Standard Life. This compares with 12...
Standard Life has completed a £52 million Bulk Purchase Annuity (BPA) transaction with The Amtico Company Pension Scheme, securing the benefits of 425 members. The sponsoring employer, Amtico, is a provider of...
