Redington appoints CFO
Redington has appointed Gavin Howard as chief financial officer and executive director to its board. Howard has more than 30 years of experience in the financial services industry and has held senior executive...
News
TPR accepts criticism of TCFD scenario analysis
The Pensions Regulator has admitted that is some justification in recent criticisms of the climate-scenario analysis, included in the TCFD reports that schemes must now compile. Currently 90 out of 350 schemes...
Redress for mis-sold pensions slashed as annuity rates soar
Savers who were wrongly advised to transfer out of DB schemes will now receive significantly less compensation as a result of spiralling annuity rates. In some cases people who would have received a...
BW appoints SIPP finance director
Barnett Waddingham appoints Neil Howitt as head of SIPP Finance. Howitt has 35 years of expertise in the financial services industry and held a variety of significant jobs throughout his career, including...
Majority express doubts about bill coverage in retirement: HL
Only 61 per cent said they could realistically manage their expenses in retirement. according to Hargreaves Lansdown. The research, carried out by Opinium on behalf of HL in May 2023 on a...
Aegon calls for caution over decumulation ‘default’ options
The government have been urged to slow down implementation of retirement ‘default’ arrangements, including decumulation-only CDC, and focus instead on legislative changes that will improve member engagement. The comments were made by...
Health Assured joins Grid
Wellbeing provider Health Assured has joined the trade body for the group risk sector, Group Risk Development (Grid). Health Assured CEO Bertrand Stern-Gillet says this membership will help the company support its...
Dan Smith: Service excellence – A long term partnership
In a market environment where the margins between providers are narrowing, quality of service becomes more important than ever. At Fidelity, we have made service a core priority for many years. Dan...
Aon UK DC pension tracker rises in Q2
The Aon UK DC pension tracker increased from 69.7 to 72.7 over the quarter, March to June 2023, suggesting that the expected future living standard in retirement provided by defined contribution (DC)...
‘Alarming’ engagement gap among younger DC savers
There is a ‘cavernous’ trust and engagement gap among DC pension savers, which is widest with younger people, according to new analysis of FCA data. In the FCA Financial Lives Survey, DC...
