UK defined benefit pension schemes are still adjusting to the new funding regime a year after the introduction of the Funding Code, according to Aon. The new regime was considered the biggest...
The proportion of people seeking advice before accessing their pension for the first time has fallen again, according to the latest data from the Financial Conduct Authority. These figures show that of...
Aviva has completed bulk purchase annuity (BPA) buy-in transactions worth £113 million for the pension schemes of British department store group, Fenwick Limited. The deals are part of a series of transactions...
HMRC tax receipts for insurance premium tax (IPT) fell slightly in August this year — however the total for the year to date is still significantly higher than last year. The data...
Hybrid working appears to produce happier workforces, with a better life-work balance according to new research by Health Shield Friendly. This Britain At Work report found that 74 per cent of hybrid...
Bupa has appointed Chris Carroll as chief executive officer for its Global, India & UK market, effective 1 January 2026. Carroll, who currently leads Bupa Insurance in the UK, will report to...
Cash ISA subscriptions surged 26 per cent in 2023/24 from 7.86 million in 2022/23 to 9.94 million, while stocks and shares ISAs saw just a 7 per cent increase with 283,000 new...
Leading industry players are launching the first ‘national annuity day’ to raise awareness about these retirement products. The campaign has been launched by Pension Potential, part of the Punter Southall Group and...
The government needs to find ways for people to stay in employment for longer, particularly women, if it plans to raise the state pension further, according to a new report by the...
GLP-1 weight-loss drugs could reduce UK mortality by 5.1 per cent and US mortality by up to 6.4 per cent by 2045, according to new research from Swiss Re. The reinsurer says...
