Covid risks could be understated in DB schemes: LGIM
The financial health of the DB pension schemes in the UK improved moderately in the second quarter of this year, following the impact of the Covid pandemic in the first three months....
News
Majority fear Covid will have ‘negative impact’ on finances
The vast majority of pension savers fear the Covid crisis will have a negative impact on their finances, according to new research from Nest. Nest, the largest pension scheme in the country...
Huge increase expected in passive ESG strategies
More than half of institutional investors expect most of their ESG investment will be held within passive products within the next five years. This is a significant increase on current portfolios, according...
Healix enhances virtual GP proposition
Healix Health Services is offering a new holistic health proposition to clients, provided by Medical Solutions. This preventative care and support service is an enhancement to the virtual GP service already offered...
DC post-Covid: stick or twist?
As we emerge into a post- Covid-19 world, it seems that everything has changed. Work, school, leisure and even mundane tasks are radically different to six months ago. As citizens, we readjust...
Broadstone appoints new director of investment consulting
Broadstone has appointed Marc Devereux to be its new director of investment consulting. Broadstone says the appointment will help the employee benefits and pension consulting firm further develop its proposition in this...
Red tape traps pension savers in low return funds
Pensions red tape risks trapping tens of thousands of pension savers in low returning funds, according to consultants LCP. The problem concerns savers in workplace pensions who have actively chosen to invest...
Covid-19 to increase gender pensions gap
The coronavirus pandemic is likely to exacerbate the gender savings gap, with a greater proportion of women saying they will decrease pension contributions in the next six months. Recent research by Aegon...
Roy McLoughlin and Kevin Carr to step down as IPTF co-chairs
Income Protection Task Force co-chairs Roy McLoughlin and Kevin Carr will be stepping down from the role at the end of this year, in an announcement designed to give the organisation time...
Canada Life adds excepted group life to Class
Canada Life has added excepted group life policies to its CLASS (Canada Life Automated Self Service) administration. The platform, which currently administers 12 per cent of the UK employee group protection market,...
