No-deal would wipe quarter off UK stocks – MSCI
A no-deal Brexit could lead to almost a 25 per cent fall in the value of UK equities, with European stocks falling by 10 per cent, according to MSCI. MSCI says a...
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Barnett Waddingham hires Widows bulk annuity expert
Rosie Fantom has been hired by Barnett Waddingham from Scottish Widows as a bulk annuity consultant to its corporate consulting team. Fantom was previously a senior manager at Scottish Widows where she...
Mearns appoints Fergusson as non-exec
Mearns & Company, the Edinburgh-based employee benefits consultancy, has appointed ex Mattioli Woods and Kudos financial services director Alan Fergusson as a non-executive director. Fergusson, who has over 20 years of experience...
Beefeaters call off pension strike
A strike by GMB members working as Beefeaters and other staff for Historic Royal Palaces (HRP) at the Tower of London and Hampton Court Palace has been suspended after the employer presented...
Cost Transparency Initiative board unveiled
The Cost Transparency Initiative (CTI) – the body that will implement the findings of the Institutional Disclosure Working Group (IDWG) – has unveiled a range of industry figures as members of its...
Age discrimination plea for forced-to-retire magistrates
Rules that legitimise age discrimination against magistrates should be overhauled as part of a broader rethink of attitudes to older workers, says former pensions minister Baroness Ros Altmann. Altmann has highlighted the...
Fifth of drawdown investors unaware of MPAA tax penalty
A fifth of non-advised drawdown investors who are over age 55 and taking an income are unaware of the Money Purchase Annual Allowance (MPAA), according to new research. Figures from Canada Life...
Pi Trustees buys Fairfield Trustees
Pi Consulting (Trustee Services) Ltd has purchased Fairfield Pension Trustees Ltd for an undisclosed fee. Worcestershire-based Fairfield Pension Trustee Limited, which offers professional services to occupational pension schemes, will continue to operate...
PASA sets up GMP working group
The Pensions Administration Standards Association (PASA) has formed a body to take forward the equalisation of guaranteed minimum pensions (GMPs) in light of the High Court’s recent landmark ruling. PASA is bringing together representatives...
Globally mobile staff wellbeing worse – research
Globally mobile individuals are less happy about their personal health and wellbeing than the general working population, with almost a quarter suffer from loneliness, according to new research from Cigna. The research...
