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Pension news in the UK

An overview of news, trends and research in the Pension industry in the UK:

Atos to lead IT transformation for Utmost Life and Pensions Professional services firm Atos has been selected for a new project with a UK-based pensions provider. Utmost Life and Pensions will now work to transform its IT estate.
19 February 2025
Charities Pensions Club appoints First Actuarial as actuarial partner The Charities Pensions Club - a group of not-for-profit organisations which shares information and guidance about pensions - has appointed First Actuarial as its partner.
03 February 2025
Premium income growth for UK insurers rises with real wages Premium income for UK insurers has seen strong growth in 2023, as policy prices rise and real wage increases also enable consumers to spend more on insurance.
09 November 2023
Oliver Wyman launches UK actuarial practice Global consulting firm Oliver Wyman has established an actuarial practice in the UK. The new team will be led by Colin Forrest, who brings more than 20 years of actuarial experience to the firm.
18 August 2023
Redington wins pensions investment contracts at two universities Pensions consultancy Redington has won two strategic investment contracts at leading universities.
22 June 2023
LCP launches new strategic approach for pensions clients Professional services firm LCP has launched a new strategic approach to help defined benefit schemes navigate the challenges and opportunities of soaring pension scheme funding levels.
13 April 2023
Women close to pension savings rates of men in UK Women are set for pension saving parity with men by 2028, according to new research.
20 December 2022
Evelyn Partners brought in for pension group administration Rowanmoor Personal Pensions has appointed administrators from Evelyn Partners.
07 September 2022
1 million SME staff risk missing out on pension security New analysis has found that workplace pension participation is stalling among the UK’s small and mid-sized enterprises.
23 August 2022
Isio helping Coastline Housing pilot 'living pension' project Investment consultancy Isio is supporting Coastline Housing with its implementation of a new ‘living pension’ project.
18 August 2022
Cost of living crisis deepens pensions shortfall for UK's lowest paid Eight-in-ten workers are not saving at levels which are likely to deliver an acceptable standard of living in retirement, according to new research.
01 August 2022
Serco selects Isio to administer pension and life assurance scheme Professional services firm Isio has been named as the new provider of administrative and investment work to Serco’s pensions trust. The news is the latest in a succession of contract gains for Isio.
26 July 2022
Scottish Leather Group selects Isio as partner for pension services Pensions and investment advisory firm Isio has been appointed as won an appointment with Scottish Leather Group Pension Schemes.
22 June 2022
Capita appoints head of teachers' pensions Alistair Dennis has been promoted to lead the teacher’s pensions wing of Capita Pensions Solutions.
07 June 2022
Pension funding levels steady at end of bumpy year Pension funding has rallied at the start of the year, after months of uncertainty around the Omicron variant had previously grown the pension deficit of the FTSE350.
07 January 2022
FTSE 350 pension deficits increase with Omicron uncertainty The aggregate accounting deficit of FTSE 350 companies’ defined benefit pension schemes is now more than double the level seen before the pandemic, according to new research.
15 December 2021
Isio’s network of new offices finally opens for business Pensions advisory Isio has confirmed the launch of two new offices in London and Birmingham.
12 August 2021
Nest selects Atos to digitise its pension scheme operations Following a competitive tender process, Nest has selected Atos as a administrator to its future scheme fund. Atos will provide an agile cloud hosting platform for the fund.
15 February 2021
Consultants share their predictions for 2021 As a new year brings an end to some long-running issues, while posing a whole new list of uncertainties, many firms still face countless challenges regarding digitalisation, workplace relations and n
04 January 2021
Tarnjeet Bhachu becomes Assistant Director with Deloitte Deloitte has appointed Tarnjeet Bhachu as Assistant Director in its employer covenant team based in the North of England.
01 December 2020
Pension funds placing more focus on ESG and climate risks The proportion of pension schemes which consider climate change risk is rising rapidly, according to a new study.
17 September 2020
Fifth of sponsors may suspend pension deficit contributions A new study suggests that UK pensions funds could currently be seeing £200 million per month of deficit contributions going unpaid.
09 June 2020
Helen Abbott joins Lane Clark & Peacock as Principal Lane Clark & Peacock has appointed The Pensions Regulator Lead Business Analyst Helen Abbott to its growing covenant team as a Principal.
28 April 2020
KPMG’s former UK pensions advisory practice rebrands as Isio At the end of 2019, KPMG confirmed it had consented to the management buyout of its UK pensions advisory wing.
03 March 2020
Mercer launches AI prediction tool for pensions schemes A new artificial intelligence tool from Mercer will assist defined benefit pension schemes anticipate the outcome of an options exercise.
07 February 2020
KPMG agrees to management buy-out of UK pensions division KPMG has agreed a deal for the buy-out of its UK pensions division, which will continue to serve clients under the ownership of its current management team.
09 December 2019
The world's largest pension and sovereign wealth funds The world’s 100 largest pension funds and sovereign wealth funds have over $19 trillion of assets under management, up 1.7% from last year.
19 November 2019
KPMG close to selling pensions consulting practice to investor Four months after putting its pensions advisory wing up for sale, KPMG has entered exclusive deal talks with Exponent Private Equity.
31 October 2019
Uncertainty continues to hit FTSE 350 pension deficit Political and economic volatility are impacting heavily on the UK’s pension funds.
15 October 2019
Venture capital investment could buoy UK DC plans by 12% A new member of a defined contribution scheme in the UK could enjoy as much as a 12% boost to their retirement savings, should their scheme up its investment allocation in alternative investments, a
02 October 2019
Lane Clark & Peacock eyes KPMG UK pensions advisory arm Earlier in 2019, KPMG was reported to be exploring the sale of its UK pensions practice.
03 September 2019
KPMG flirts with offloading UK pensions advisory wing KPMG is reported to be exploring the sale of its UK pensions practice.
09 July 2019

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