Scottish Widows publishes roadmap to net-zero
Scottish Widows has launched its Climate Action Plan which it says is the first to clearly define a long-term strategy to meet decarbonisation targets and achieving a net-zero portfolio by 2050. The...
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2.5m cancer patients face extra costs due to diagnosis- research
More than four out of every five cancer patients, equivalent to 2.5m people, in the UK face additional costs of about £900 per month due to cancer diagnosis, according to data from...
Health of UK DB schemes reaches new high as rates rise again
The health of the UK’s Defined Benefit (DB) pension schemes continued to improve in the fourth quarter of 2021, with the average scheme expected to be able to fund 98.4 per cent...
Quantum Advisory appoints new investment consultants
Quantum Advisory has expanded its investment consulting team in London and relocated to new offices in Old Bailey. Kara Newcombe, who previously worked at Broadstone, has been appointed as a senior investment...
Savers are at risk if VFM framework is not included on dashboards
Savers are at risk of losing out if the proposed Value For Money (VFM) framework is not included on pension dashboards, according to B&CE, provider of The People’s Pension According to new...
BoE increases interest rates- industry reaction
The Bank of England has raised interest rates to 0.5 per cent making it the highest it’s ever been in over 30 years. This comes after an inflation increase of 5.4 per...
24 pc drop in cancer claims as pandemic delays screenings
Total critical illness claims for cancer fell by 24 per cent in the first year of the pandemic, according to new claims data from Royal London. This comes as many people postponed...
L&G data shows north south workplace wellbeing divide
59 per cent of SME employees in the north of England believed their employer actively looked after their well-being, compared to 88 per cent in the south, indicating a north/south divide, according...
Trustees blast Govt plans to use local authority pensions for ‘levelling up’
Trustees have criticised government plans to use £16 billion from the Local Government Pension Scheme for ‘levelling up’ projects, calling the proposals ‘ridiculous’ which could see these local authority schemes used as...
Alternative assets could increase retirement income without increasing risk- PPI
Defined contribution pension schemes could improve employee returns while reducing risk by incorporating alternative assets into default funds, according to the Pensions Policy Institute (PPI). The report, published jointly with the Association...
