All News articles – Page 18
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NewsSavers less confident over retirement income, study shows
Pension savers are losing confidence that they will have enough income in retirement, according to Trafalgar House’s latest Trust and Confidence Index.
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NewsPIC seals biggest buy-in of the year with £1.2bn TotalEnergies deal
Pensions Insurance Corporation (PIC) has completed a £1.2bn buy-in with the Total Energies UK Pension Plan, securing benefits for more than 5,500 people.
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NewsUniversities urged to tackle DB pension costs
Universities should act to control the running costs of their defined benefit (DB) pension schemes, according to a new report from Spence & Partners.
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NewsM&G, Just Group announce buy-ins worth combined £570m
Machinery manufacturer NSK and aviation services group John Menzies have insured the benefits of nearly 7,000 members in separate deals.
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NewsL&G unveils DC target-date range and private markets LTAF
Legal & General (L&G) has launched a new private markets offering for defined contribution (DC) schemes in line with its support of the Mansion House goals.
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NewsAre employers short-changing staff through auto-enrolment?
Some of the UK’s largest employers may have been passing the costs of automatic enrolment onto their staff through lower take-home pay, according to research.
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NewsMarwyn targets admin sector with InvestAcc buy
London-listed Marwyn Acquisition Company II (MAC II) is to buy administration provider InvestAcc Group, with the aim of building a market-leading administrator for the UK.
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NewsStandard Life completes £880m buy-in of Rolls-Royce-Bentley scheme
Standard Life has insured the Rolls-Royce & Bentley Pension Fund with a full scheme buy-in worth approximately £880m.
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NewsInnovation Interviews: How Cardano embraces AI
Felix Mantz, director at Cardano Advisory, gives Pensions Expert a tour of how his company is using cutting-edge technology to enhance its services to trustees.
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NewsBulk annuity latest: £33m buy-in for recycling firm
European Metal Recycling has secured a £33m buy-in with Aviva, covering deferred and pensioner members.
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NewsCourt rules members should not lose out on DB amendments
A judge has ruled that members of a defined benefit (DB) scheme that lost out when it moved to a career average benefit structure can be reimbursed, while those who benefitted can keep their amended pensions.
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NewsTPT allocates £800m to new alternatives funds
TPT Investment Management has launched two alternative investment funds with combined assets of over £800m.
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NewsInnovation Interviews: Penny probes for lost pension pots
Fintech startup Penny’s head of pensions David Henderson explains how an app set up by two brothers has now helped reunite hundreds of users with more than £300m of ‘lost’ pensions.
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NewsLGPS fund nets share of $434m Under Armour settlement
The North East Scotland Pension Fund has landed a windfall from a legal case in the US after sportswear manufacturer Under Armour tabled a $434m (£342.7m) settlement.
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NewsData casts doubt on Conservatives’ state pension pledge
Data from LCP has called into question the Conservative Party’s “triple lock plus” policy and its promise to pensioners that they will “never” be taxed on their state pension.
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NewsProfessional trustee firms on hiring spree as demand surges
The number of professional trustee appointments has surged by 11% over the past 12 months, with firms intensively recruiting to meet the current demand and future growth expectations.
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NewsThird of workers seek to delay retirement over affordability
The number of people in full-time employment who believe they will never be able to afford to retire because of the impact of the rising cost of living is on the rise, according to new research.
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NewsElection 2024: Sir Steve Webb reviews the party manifestos
Former pensions minister Sir Steve Webb has welcomed Labour’s decision not to mention the lifetime allowance in its general election manifesto – but warned that it does not mean the policy is completely off the table.
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NewsTrustees urge focus on pension adequacy after election
With Labour forecast to win as many as two-thirds of the available seats at the general election next month, trustees have called for the new government to focus on retirement income adequacy.
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NewsErrors ‘could cost DC members thousands’ in lost contributions
Data errors affecting defined contribution (DC) scheme members are becoming “increasingly commonplace” and could cost them thousands in lost payments, according to Hymans Robertson research.