Trustees and pension professionals say the majority of DB schemes they are advising on wind-up are looking at a ‘material surplus’ of funds, which could be distributed to employers. At a recent...
Across the pensions industry, most DC developments are introduced in an even-handed way, with occupational and contract-based pension schemes receiving similar levels of scrutiny. For example, the new value for money requirements...
Intermediaries have traditionally kept providers at arms-length from their employer clients. But this is changing as employers come under increasing pressure to improve productivity and address staffing issues. Realising value is key....
Changes to salary sacrifice are ‘firmly on the government’s agenda’ according to a leading pensions expert, following HMRC research on this issue. HMRC has today published research conducted among employers, looking at...
More than nine out of 10 businesses plan to access surplus funds in closed DB once the government amends legislation to permit this. The research from Brightwell, the company that manages BT’s...
Nest Corporation has appointed Femi Bamisaiye to be the scheme’s new chief technology and operating officer (CTOO). This role is a new addition to Nest’s executive team. Bamisaiye was most recently chief information...
Defined contribution (DC) pension strategies with higher equity allocations faced losses in Q1 2025 as markets fell. According to Isio, portfolios with higher cash and lower equity helped limit losses, showing the...
Penfold has raised £3.9m from Gresham House Venture in its latest round of top-up funding. Penfold says this additional funding will help it scale its presence in the UK SME and accountancy...
Royal London will acquire the UK-based infrastructure manager Dalmore Capital, which manages around £6bn of assets across five flagship funds. As part of this deal Royal London has pledged to commit up...
Canada Life’s UK CEO Lindsey Rix-Broom has been promoted to be the CEO, Europe for its parent company Great-West Lifeco. Rix-Broom has been CEO at Canada Life UK since 2021. Prior to...
