Almost seven out of 10 firms have not reviewed the design of their pension scheme in recent years according to consultants Mercer. The company’s latest report into the DC pensions market found...
Investment platform Tillit has appointed Danny Meehan as a non-executive director as it steps up its launch into the UK pensions market. Meehan has worked for a number of newer entrants in...
LCP’s latest Responsible Investment review shows bulk annuity insurers’ proactive steps in responsible investment and climate risk management, aiding sponsors and trustees in informed decisions. The nine insurers that were evaluated have...
MetLife UK approved and disbursed over £22 million in claims during 2023. On average, 95 claims for illnesses and accidents were paid out each day. Around 12,949 claims were for hospitalisations, and...
Government plans to close under-performing schemes could backfire and lead to poorer returns for everyone, according to some industry professionals. While many said action needs to be taken against poor value schemes, there...
Two out of three people who are claiming incapacity benefits are suffering from mental health issues, according to new figures from the Department of Work & Pensions. This is the first time...
Health and wellbeing company Vivup is merging with benefits and reward platform Perkbox. Together the two companies support over 4m employees across 7,500 public and private sector organisations.This includes providing services for...
By better understanding different people’s needs and attitudes, we can build a more inclusive retirement savings system. But do we understand other people as well as we might think? The UK workforce...
Actuaries are calling for more realistic climate risk assessments which should include the ‘risk of ruin’ — the point past which global society can no longer adapt to climate change. A report...
As consultations, regulation and initiatives such as the Mansion House Compact come thick and fast, we must begin to prioritise what is important: improving member outcomes using less liquid asset classes. While...
