An estimated £45bn was paid out of the FTSE350 defined benefit schemes following the introduction of Pension Freedom reforms in 2015. Analysis from Barnett Waddingham found just over £200bn was paid out...
Trustees should actively consider how to increase investment in less liquid assets and pension consultants should endorse their efforts to do so and integrate allocations to less liquid assets into their recommendations,...
A third of women are withdrawing 25 per cent of their pension at age 55, with nearly one in three putting the money into very low interest savings accounts, according to a...
Unum has appointed John Hyde to be its chief marketing officer. Hyde joins from Hastings Direct, where he was head of growth products. Prior to this he worked at Legal & General...
Almost half of currently furloughed workers have changed their retirement plans as the government’s furlough scheme comes to an end this month. Research by Canada Life found that 28 per cent of...
Investment returns, employment, policy and individual saving behaviours could all impact the resilience of DC schemes following a volatile 2020 stock market, says the Pensions Policy Institute (PPI). PPI has published its...
Uber has partnered with Now: Pensions and Adecco to create the first ever pension scheme for flexible workers in the private hire vehicle industry. Uber will begin rolling out the new pension...
Isio Group, the pension consultancy spun out of KPMG, has bought Premier Pensions Management. Isio’s first purchase since launch in 2020 will allow it to broaden the spectrum of pensions and financial...
Total employer pension contributions fell 5 per cent between Q4 2020 and Q1 2021 driven by a 27 per cent decrease in deficit reduction contributions. The quarterly Financial Survey of Pension Schemes...
The pensions minister, Guy Opperman MP, has emphasised the Department for Work and Pensions’ commitment to the 2017 automatic enrolment review proposals that are due to be implemented by the mid-2020s. The...
