News

Coronavirus causes pension deficits to widen

Coronavirus causes pension deficits to widen

Pension deficits among FTSE350 companies have increased significantly over the past month, due to market volatility. Mercer’s latest Pensions Risk Survey shows the accounting deficit of the DB schemes from the 350...

Smith leaves PwC for TPT

Smith leaves PwC for TPT

Defined benefit and master trust provider TPT has made two senior appointments to its leadership team as it looks to grow its DC business. Philip Smith has jointed the company as the...

Mercer re-hires Melley to run investment solutions business

Society of Pension Professionals appoints new CEO

The Society of Pension Professionals has appointed Fred Emden as its first chief executive.  The SPP is a trade body, representing companies that advise and provide services to work-based pension schemes and...

Vitality launches new service for SMEs

Vitality launches new service for SMEs

VitalityHealth has launched a new PMI proposition for small to medium-sized businesses.  Its Vitality at Work option allows these businesses to extend preventative healthcare services and outcomes information to their entire workforce,...

Employers urged to draw up pandemic response plan

Employers urged to draw up pandemic response plan

Employment lawyers are advising UK businesses to consider the potential impact that an outbreak of the coronavirus could have on their day-to-day operations.  Although there are still less than 20 confirmed cases...

DC trusts: is bigger better?

DC trusts: is bigger better?

The Pensions Regulator has made its ambivalence towards smaller single employer  trusts crystal clear. For example, last August it described what it saw as the unacceptable scale of under- performance in its annual...

Health Shield appoints new sales director

Health Shield appoints new sales director

 Health Shield has restructured its sales team and appointed Jason Dunks as its new sales director. The restructure enables the friendly society to offer an enhanced service to its intermediary partners, and...

Brian Shanks: the ESG investor’s right to choose

Brian Shanks: the ESG investor’s right to choose

Now that all pension providers are legally required to consider environmental, social and governance (ESG) factors in their default fund investment processes will we see less scheme members opting for ethical or...

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