Lifestyling strategies used by the default DC pension schemes have helped protect members from worst effects of the severe stock market correction that has followed the coronavirus pandemic. Pension advisers and trustees...
Schroders has completed the £75 billion transfer of assets from Scottish Widows and Lloyds, following the announcement of a strategic joint partnership between the asset management and the banking group back in...
Isio has appointed Vito Faircloth to the newly created role of head of digital solutions. This is the first senior appointment for Isio, which was formerly the pensions advisory business of KPMG...
Pension providers and advisers have reported widespread confusion as to how the Job Retention Scheme will impact firms who use salary sacrifice schemes for pension payments – saying more clarification from the...
Firms are breaking employment law by imposing salary cuts and pension reductions without undertaking a required 60-day consultation period with employee representative groups. Advisers attending a virtual Corporate Adviser roundtable on the...
Many hundreds of employers have stopped making pension contributions after furloughing staff according to trustees. Capital Cranfield professional trustee Andrew Cheseldine says some master trusts they work with have seen cancellations from...
Employers struggling to meet their auto-enrolment and other workplace pensions obligations can expect a ‘proportionate’ risk-based approach to enforcement says The Pensions Regulator. Issuing a Covid-19 guidance update, TPR says auto-enrolment contributions...
Scottish Widows has appointed former executive director for regulatory policy at The Pensions Regulator Andrew Warwick-Thompson as the new chair of its master trust. Warwick-Thompson takes over from Kim Nash, who steps...
The coronavirus pandemic will have a lasting effect on the PMI and wider employee benefits industry according to advisers and insurers. Not all of these will be negative, according to advisers, with...
PMI providers have seen a surge in demand for the added-value support services offered since the outbreak of the coronavirus pandemic. Cigna International director of sales and commercial effectiveness, Amy MacKay says...
