Professional Pensions – UK pensions news and analysis
WEBSep 30, 2024 · People Moves: Hymans makes two appointments. Donna Prince and Nafisha Chowdhury join the firm’s buyout and wind-up transition services team. Professional Pensions. 30 September 2024 • 1 min read. Industry.
L&G to launch digital guidance for DC savers - Professional Pensions
WEBAug 30, 2024 · Legal & General (L&G) is launching a batch of digital guidance to help deliver better outcomes for its defined contribution (DC) workplace members. The guidance will focus on individual support to combat low levels of understanding, engagement and financial confidence in pension savings.
BT Pension Scheme goes live with new admin system
WEBOct 29, 2021 · BTPS is the first of Procentia’s clients to use IntelliPen.Net v2.5. The £57bn BT Pension Scheme (BTPS) – the UK’s largest private sector pension scheme – has gone live with a new administration system. The new platform is based on IntelliPen - the administration software provided by Procentia, a firm …
NGUKPS completes OCIO deal with Russell Investments
WEBJan 31, 2022 · The £13bn National Grid UK Pension Scheme (NGUKPS) has completed its fiduciary management deal with Russell Investments in one of the largest outsourced CIO (OCIO) transactions to date. The two-section scheme - which closed to new members in April 2002 and now has a total of around 50,000 members - …
Aptia formally launches after admin buyout from Mercer
WEB08 January 2024 • 2 min read. Aptia has announced its formal launch following the management buyout of Mercer’s UK pension administration and US health and benefits administration businesses last year. The firm - which will have around 1,100 clients supporting more than seven million people with health and wealth administration - …
Hymans Robertson: A partnership model for an evolving market
WEBApr 21, 2023 · Hymans Robertson is a firm with a long history in pensions - indeed one that celebrated its centenary in 2021, marking 100 years since Howard Robertson and George Wallace Melville established the business to meet the need for local authority pension schemes to have regular actuarial valuations. Jon Hatchett - …
News Digest: Reeves could raise £10bn a year by reducing pension …
WEBAug 27, 2024 · Reeves could raise £10bn a year by reducing pension tax relief, report says the Guardian. Exclusive: Fabian Society says tax breaks cost £66bn and are skewed towards better-off. 8/23/2024, 4:18:52 AM. Jonathan Stapleton. John Ralfe: BT still has a big pension problem www.ft.com. The independent pension consultant says …
Exclusive: ITM acquires Profund Solutions from Mercer
WEBHolly Roach. 16 April 2021 • 1 min read. ITM has acquired the products and assets of Profund Solutions from Mercer. The firms will collaborate to create a "platform of scale" in the pensions industry, offering a broad range of capabilities to deliver value to clients and across the entire pensions market. The acquisition will also provide ITM ...
Cushon doubles in size after acquisition of Creative
WEB20 January 2022 • 4 min read. Image: Pollard: The funding will continue to fuel Cushon's growth. Cushon has agreed to acquire Creative – the manager of the Creative Pension Trust – in a deal that will see the master trust provider double its size. This is Cushon's third workplace pension acquisition in the two years since authorisation ...
The Big Read: Where are the LGPS pools three years on?
WEBApr 1, 2018 · It is almost three years since the government revealed it would force the 89 local pension funds in England and Wales to pool their assets in a bid to deliver cost savings, efficiencies, and greater scale. Since then, eight pools of various different sizes and structures have emerged across the £259bn Local …