Clara-Pensions have welcomed the appointment of Matt Wilmington as Chief Transactions Officer. Matt joins from Scottish Widows where he spent six years as Head of Origination and Structuring. At Clara ...

We need a new type of cyber insurance, a new category of insurance, as the traditional insurance approach is clearly not working. This was the position taken by Joshua Motta, Founder and CEO, ...

Just Group has completed a £260 million buy-in for the Menzies Pension Fund (“the Scheme”). The Scheme is sponsored by John Menzies Limited (“the Sponsor”) and completed a previous, pensioner-only buy ...

When in government, the Conservative party used the Autumn Statement and Spring Budget to announce their plans to make pensions more productive for the UK economy. In April, the party applied the ...

Whether led by the actuarial or finance department; opting for integrated software (measurement engine plus accounting engine); or completing measurements in existing actuarial software and then ...

70% of the DB schemes run by pre-1992 universities for non-academic staff remain open to future accrual, with 27% also open to new hires. In contrast, 56% of UK DB schemes are closed to future accrual ...

All Governed DC Default solutions posted a positive return over 2023 - across all age cohorts - buoyed by rising equity markets and reducing bond yields. The average growth portfolio performance ...

The rate at which people are transferring out of their DB pensions increased slightly last month after last months’ new record low, while the value of a typical transfer remained stable having fallen ...

Standard Life, part of Phoenix Group, has concluded a £880 million Bulk Purchase Annuity (“BPA”) transaction with the Rolls-Royce & Bentley Pension Fund (“the Scheme”), which is sponsored by Bentley ...

The annual Chart Your Own Course report includes over 200 UK DB pension schemes with values ranging from under £10m to over £15bn. The report highlights that many schemes have seen improvements in ...

- The number of people over pension age paying income tax rose from 7.85m in 2023/24 to 8.51m in 2024/25 – an increase of 660,000; - Since 2020/21 (when pension age rose to 66), the number of ...

Speech by Steve Smart, joint executive director of enforcement and market oversight at the FCA, delivered at the Financial Services Investigations and Enforcement Summit. Collaboration and teamwork is ...