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Pension news in the UK | Page 3

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

Redington launches Will Power & Pensions Panda Saving for the golden years remains an issue among many people in the UK, even while the length of the golden years increases.
06 November 2015
30 actuarial advisory firms launch GLOBACS network 30 actuarial advisory firms from across the globe have teamed up to launch Global Actuarial & Consulting Services (GLOBACS), a global network that unites the offerings, footprint and expertise of its
03 November 2015
Grant Thornton boosts pensions advisory with two hires Grant Thornton has boosted its pensions advisory team with the appointment of Ramona Jones and Zoe O’Donnell, who both join the firm as Associate Director in London.
29 September 2015
Fiduciary management use by pension schemes grows Almost half of the UK’s largest pension schemes now use a third-party fiduciary manager, research by Aon Hewitt shows, despite questions as to whether their members’ interests are being served by suc
09 September 2015
Private sector UK pension deficit reaches 900 billion The combined deficit of private sector DB schemes in the UK now stands at around £900 billion, up from £250 billion since the start of the millennium, despite companies pouring in £500 billion toward
18 August 2015
Collaborative ventures on the rise in financial services industry A curious cultural shift is taking place when it comes to problem-solving in the financial services industry, writes Joe Channer, CEO of consulting firm Delta Capita.
18 August 2015
Lockheed Martin selects Aon Hewitt as fiduciary advisor The UK organisation of Lockheed Martin has appointed Aon Hewitt, the global talent, retirement and health solutions business of Aon, to provide delegated investment services to its Pension Plan.
14 August 2015
Denplan appoints Aon for auto-enrolment of pensions Denplan has appointed Aon to provide it with an auto-enrolment pension scheme for its member dental practices.
06 August 2015
Hymans Robertson scheme actuary of BAE Systems The Trustee Boards of the BAE Systems Group Pensions Schemes (BAE Systems) have appointed Hymans Robertson to provide scheme actuary services across all of its pension schemes.
04 August 2015
Towers Watson: UK pensions reforms not understood As a result of the UK pension reforms, those aged 55 and over have considerable more options to put their pension savings to work, or lose them.
24 July 2015
Capita: Three in four employees experience work stress Three in four UK employees are experiencing work related stress, with especially young employees affected, Capita’s latest employee survey shows.
20 July 2015
Towers Watson appoints PwC as auditor for LifeSight Towers Watson has appointed PwC as auditor for LifeSight, its DC master trust for the UK market.
14 July 2015
PwC boosts Pensions Investment Advisory Business PwC has boosted its Pensions Investment Advisory business with the appointment of Nikesh Patel as Senior Manager Investment Risk.
10 July 2015
Mercer and Redington win European Pensions Award Mercer and Redington have managed to scoop a prestigious ‘European Pensions Award’ during the 2015-edition of the annual award ceremony held recently in London. Redington was named ‘Risk Management Firm
09 July 2015
AAM and Hymans Robertson sign GO digital savings deal Aberdeen Asset Management joins forces with Hymans Robertson to support digital future in retirement saving solutions. The two firms signed an agreement to bring in Hymans Robertson's Guided Outcomes retirement tool for Aberdeen'
03 July 2015
Hymans Robertson: UK pension liabilities outstrip GDP For the first time, UK pension liabilities outstrip GDP, data from Hyman Robertson shows. While GDP rose to £1.8 trillion in 2015, liabilities increased to staggering level of over £2 trillion. According to the consulting firm, pension
18 June 2015
6 consulting firms win FT Pension & Investment Awards Capita, Hymans Robertson, Lane Clark & Peacock (LCP), P-Solve, Punter Southall and PwC been recognised for their excellent performance as pension providers during the Pension and Investment Provider Awards. The 6 fir
26 May 2015
AGFA hires Hymans Robertson as scheme actuary The Trustee of the Agfa-Gevaert UK Group Pension Plan has appointed pensions and risk consultancy Hymans Robertson as actuarial and investment consultant.
20 May 2015
Aon Hewitt advises Lehman on 675m pension buy-in Aon Hewitt has helped secure a £675 million buy-in transaction for the trustees of the Lehman Brothers Pension Scheme with Rothesay Life. The transaction – the biggest bulk annuity deal of the year so far &nd
15 May 2015
Seven business consultancies win UK Pensions Awards Spence & Partners, Mercer, PwC, Aon Hewitt, LCP, Redington and Hymans Robertson have been recognised for their excellent performance as pension advisors during the UK Pensions Awards, held last Thursday 7 May in London. The seven consultancies
11 May 2015
South & North West: regions with longest retirements The South West & North West regions are the regions with the longest retirements in the UK, research by Club Vita - part of Hymans Robertson shows, with average years of being retired surpassing 18 years. According to Hymans Robertson, these fi
30 April 2015
12 firms shortlisted for pension & investment Awards On Wednesday 20 May 2015 the Pension and Investment Provider Awards will take place in London, celebrating excellent performances of pension and investment providers in the UK. Twelve consulting firms have been shortlisted as finalists.
20 April 2015
Barnett Waddingham: Pension costs universities to soar Universities may find their pension liabilities soar in the coming months, warns Barnett Waddingham in a new report. According to the business advisors, the recent fall in corporate bond yield may push up liabiliti
16 April 2015
WSP hires Mercer as advisor for its UK pension schemes Consulting firm Mercer has been appointed as the corporate actuarial advisor to WSP|Parsons Brinckerhoff’s UK pension schemes. Mercer will, among others, provide actuarial advice and risk management for the consultancy’s defined benefit
09 April 2015
Four consulting firms win Pensions Age Awards Aon Hewitt, Capita, Crowe Clark Whitehill and Lane Clark & Peacock (LCP) have been recognised for their excellent performance as pension providers during the Pension Age Awards. The four firms were among the 18 consulting fir
04 March 2015
Hymans Robertson: 20-40 years lacking pension save With the current state of pension savings, 41% of 20-40 years old will have insufficient funds to meet basic standards of income by their retirement, recent research from Hymans Robertson shows. According to the firm, older generations should encou
12 February 2015
Sodexo hires Hymans Robertson for pensions advice Sodexo, one of the largest catering firms in the UK, has hired Hymans Robertson to support the firm with pensions and investment advisory services. In the UK and Ireland, Sodexo has more than 35,000 employees serving clients in over 2,
04 February 2015
Aon Hewitt supports EC with EU pension scheme To support the movement of researchers within the European Economic Area, the European Commission is in the process of setting up a single EU wide pension scheme. After a lengthy development process, supported by Aon Hewitt, the firm has
30 January 2015
Trustees of Standard Life hire Barnett Waddingham The independent trustee of Standard Life Investments has hired Barnett Waddingham to provide investment consultancy services to the trustees of two large plans, with combined assets of $4.5 billion. With the appointment of the UK-based a
26 January 2015
10 priorities for Wealth Management industry in 2015 The wealth management industry has in recent years, buckled by the financial crisis and its economic repercussions on governments, corporations and individuals, been through a bumpy ride. In 2008, at the height of the crisis, Assets under Managemen
14 January 2015
Kingfisher hires Hymans Robertson as pensions adviser The trustee of the Kingfisher Pension Scheme has appointed consulting firm Hymans Robertson as its scheme actuary and adviser. Kingfisher is one of Europe’s largest home improvement retailers, and is the par
12 January 2015
The 12 best pension consulting firms of the UK 12 consulting firms will in the coming months battle for the prestigious title of best pension consulting firm in the UK. The winner of the so-called ‘Best Pensions Consultancy of the Year’ Award, a prize that is handed ou
08 December 2014

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