News

Aon DC Pension Tracker rises by over a third in Q3

FTSE 350 pension surplus soars to £47b

The overall funding levels had decreased to 107 per cent from the end of November with a total surplus of £47 billion, an increase from £35 billion in December 2022, according to...

Redington CEO steps down

LV= appoints chief commercial officer

LV= has appointed Katherine Carnegie as chief commercial officer. Carnegie, who joined LV= in 2012, has a background in driving innovation and growth as well as a wealth of experience creating distribution...

Former Lorica, Aon and Portus consultant spearheads new corporate benefits firm launch

Lifetime allowance changes fuel demand for advice

Half of firms offering retirement advice have seen increased demand for their services as a result of changes in pensions tax allowances. These changes include the abolition of the lifetime allowance increase...

AS reaction: ‘Pots for life’ model

SPP questions DWP’s proposed Lifetime Provider Model

The SPP has raised concerns about the DWP’s proposed lifetime provider model for DC pensions. The SPP expresses worries about potential employer disengagement, poor quality, adverse selection, and the additional complexity of...

Two-thirds of transfer cases show scam signs- XPS

Number of pension scams nearly doubles

The number of people convinced to move pensions to increase their investment returns doubled from 12 per cent in the prior quarter to 23 per cent between September and December, according to...

Unum hires new CMO

Aon appoints partner to UK DC team

Aon has appointed Jit Parekh as a partner in its UK-defined contribution (DC) team.  Parekh has been advising trustees and corporations for more than 12 years. In his previous position, he oversaw...

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