News

JP Morgan takes stake in Smart Pension

JP Morgan takes stake in Smart Pension

JP Morgan has taken a stake in workplace pensions provider Smart Pension, bringing its total funds raised to date to £50m. The deal sees JP Morgan global head of retirement solutions Anne...

Brexit risk to UK ex-pats’ pensions

Brexit risk to UK ex-pats’ pensions

Those who have retired to Spain or France could see their pensions frozen as a result of Brexit. The Government has confirmed that these pensions would only be increased on an annual...

Mercer outlines JLT leadership roles

Mercer outlines JLT leadership roles

Mercer has made a number of senior appointments at Jardine Lloyd Thompson, the consultancy group it acquired last year.  These appointments cover both UK and Europe. There will be three new appointments...

FCA calls for providers to offer ‘retirement pathways’

FCA calls for providers to offer ‘retirement pathways’

The Financial Conduct Authority has called for pension providers to offer default investment pathways for those accessing drawdown services without advice. It is inviting the industry to consult on these recommendations, which...

Scale of pension scams revealed

Scale of pension scams revealed

A number of individuals have lost more than £1m in pension savings, as a result of fraud, according to the latest figures published by The Pensions Regulator. This data was provided by...

MPs grill AE providers over performance

MPs grill AE providers over performance

MPs have grilled auto-enrolment pension providers over their investment performance, highlighting the poor three-year figures from Now: Pensions, and criticising providers for not focusing more on delivering returns to investors. MPs at...

Punter Southall Aspire buys another IFA

Punter Southall Aspire buys another IFA

Acquisitive intermediary Punter Southall Aspire has bought Coleman Financial Services, the first financial advisory firm it has bought in the last 12 months. Coleman Financial Services is a Dorset-based independent financial planning...

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