An independent review of the recent restructuring of the British Steel Pension Scheme (BSPS) has called for widespread legislative changes, and improved guidance to trustees to protect DB scheme members. The review...
Government employment figure published today shows a record number of over-50s now in the workforce. The figure show that were 10.6m over 50s in the workplace, equivalent to one in three of...
The government has offered Nest a £329m “contingent liability guarantee” in order to ensure it is fully compliant under the new master trust authorisation process. Rather than a direct payment this comes...
Beefeaters at the Tower of London will go on strike again today over pension changes, after talks to resolve the dispute broke down. An earlier strike had been postponed for talks between...
A number of leading fund managers are predicting a “Brexit bounce” for UK markets, with much of the bad news already priced in. Investors could see both credit and equity markets rise,...
Since 2015 the Insolvency Service has successfully applied to the courts for 24 companies to be wound up due to ‘pension misuse’. This government agency said more than £202m was invested via these...
Actuarial and technology consultants, Buck have launched a new service for pension schemes looking to equalise Guaranteed Minimum Pension (GMP) benefits. Folligh a high court ruling at the end of last year, all...
Employers are unsure how to support staff with financial wellbeing, despite being aware of its business impact, according to new research. Aegon’s research found businesses lack both confidence and knowledge to deal...
Smart Pension is taking the employers and members of Lighthouse Group’s Corporate Pensions Trust following the decision of its trustees not to apply for master trust authorisation. CPT’s decision not to apply...
Axa PPP has added a private GP service to the standard level of cover on its Advance health insurance plan. This Doctor@Hand service offers 20-minute phone and video conferences with a private...
