Ian McKenna: Innovation by virtue of necessity
Given the tragic human consequences it may feel wrong to talk about upsides from the COVID-19 epidemic. We will certainly see a huge financial aftershock, but in the long-term current events have...
News
Ros Altmann: Pensions lifeline
The speed with which emergency pension measures have been announced is a testament to the severity of the situation, but also reflects a welcome departure from past measures which have often taken...
AB appoints new retail sales director
AllianceBernstein has appoints Omar Rauf as its new UK retail sales director. In this role Rauf will be responsible for servicing and expanding AB’s relationship with the wholesale market in the UK....
Covid crisis: 500 firms to delay tackling pension deficits
More than 500 companies are expected to delay tackling pension deficits in the wake of the Covid crisis. New analysis by consultants Lane Clark & Peacock (LCP) says the total payments now...
Tim Creamer, Ellipse co-founder, dies from Covid-19 – a tribute from John Ritchie
Tim Creamer, one of the founders of digitally-enabled group risk insurer Ellipse, died on Wednesday, having contracted Covid-19. Creamer spent over 10 years at Ellipse, which was sold by Munich Re to...
Aviva freezes exec pay and bonuses
Aviva is freezing senior executive pay increases and bonuses as it prioritises dividends to ordinary shareholders. The provider says executive directors and the Aviva leadership team will not receive bonuses for 2020...
Former JLT COO to head EB for Mayfair firm
David Taylor, the former COO of JLT Benefit Consulting, has joined Mayfair-based Connor Broadley to develop its corporate proposition. Prior to joining JLT, he was a director of Mazars Employee Benefits, and...
VitalityLife offers three-month premium reduction
VitalityLife is allowing members experiencing financial difficulties linked to COVID-19 to reduce the premiums they pay each month, with a proportional reduction in cover. VitalityLife members will be able to reduce their...
DB deficits increase by £10bn in a month
Deficits in DB pensions schemes have increased by a further £10bn since the start of the Covid-19 lockdown. Official figures from the Pension Protection Fund show the total deficit of the UK’s...
ESG stocks deliver during Covid stock market sell-off
Companies that score better on environmental, governance and social (ESG) factors have outperformed during the recent market volatility cased by the Covid 19 pandemic. Research by Fidelity International, using their own ESG...
