Majority of pension schemes now have professional trustee
The majority of DB schemes now have a professional trustee on their board, according to a new survey from Aon. It’s survey found that 57 per cent of respondent said they have...
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XPS Pensions Group lists on FTSE 250
XPS Pensions Group will be admitted to the FTSE 250, following the quarterly rebalancing of the London stock market indices. The pensions consultancy has expanded significantly in recent years, announcing 20 per...
Advisory firm Tenet goes into administration
The independent financial adviser network, Tenet Group and three of its subsidiary groups have gone into administration. It is understood that 95 employees have been made redundant, with the Financial Services compensation...
Master trusts mull ‘twin track’ approach for incorporating illiquid assets
Twelve major master trusts will incorporate illiquid assets within their default strategies, although a number will only offer this on higher-cost ‘premium’ default options. Research by consultants Isio looked at the planned...
Drugnick appointed new head of Secondsight health and protection
Anne Drugnick is to head Secondsight’s health and protection division, following the successful acquisition and integration of Punter Southall’s employee benefits advisory business. Secondsight is the employee benefits consulting arm of Foster...
One in three using pensions to supplement income before retirement
Almost three out of 10 retirees said they withdrew money from their pension funds before moving into full-time retirement, potentially storing up financial problems for later life. Research by Just Group found...
DB schemes warned of electoral and funding uncertainties in upcoming valuations
DB schemes are being warned there are significant changes they need to take into account when making 2024 valuations. Hymans Robertson says that triennial valuations for DB schemes are taking place...
Voters want to hear about pension plans ahead of general election
Three in four workers (75 per cent) said they were be more likely to vote for a political party that is promising to reform workplace pensions — according to a new survey....
DB surpluses largely due to falling life expectancy: WTW report
Last year saw the biggest ever year-on-year fall in expected lifespans for newly retired pensioners — and this is a major contributory factor in DB surpluses, according to a new report. WTW’s...
Tina Kennedy: Evolving cash plan benefits
SPONSORED CONTENT Why are more employers looking at healthcare cover? There are around 35m employees in the UK, but only about 6m of them have healthcare through their workplace, be it private...
