News
Aleksandra Davidson: When does a perk become a contractual right?
3+ hour, 23+ min ago (494+ words) Recently, KPMG attracted attention when it withdrew its summer "Jump Start" programme, which allowed employees to finish early on Fridays during the summer months. KPMG's move highlights a wider question for employers: how easy is it to withdraw a benefit…...
Sam Brodbeck: The return of paternalistic employers
2+ hour, 54+ min ago (662+ words) The youth employment crisis that Britain now faces has forced all of us to rethink what we thought we knew. Take pensions. The financial press " and financial services industry " has based all its modelling on the assumption that people start…...
Sarah Reynolds: Making return on inclusion a reality
9+ hour, 2+ min ago (289+ words) When budgets are tight, leadership changes, or political discourse shifts, inclusive benefits often get cut because they are seen as symbolic, not strategic. HR leaders struggle to prove ROI " return on inclusion " not because these programs intrinsically lack value, but…...
Beyond AE: the next phase of master trusts will be defined by outcomes, not labels
22+ hour, 9+ min ago (635+ words) For a long time, the workplace pensions market has tended to place providers into neat categories. There were the traditional insurers, the consultant adviser-led master trusts, the AE providers, and the challenger brands. As workplace pensions have evolved, those distinctions…...
IFAs show strong support for private market allocations
1+ day, 6+ hour ago (300+ words) Research from Wealth Club has shown that independent financial advisers increasingly agree that exposure to private markets is now a necessity for investors seeking to capture a broader spectrum of growth opportunities, with this trend only accelerating over the next…...
Mercer: Is AI the game changer for pension engagement?
1+ day, 2+ hour ago (213+ words) Getting people to engage with their pensions has long been a challenge. Traditionally, pensions have been met with detachment, fear, and complacency1, barriers that have kept many members at arm's length. But AI is changing that. Engagement is just the starting…...
Rothesay launches dedicated insurance solution for smaller DB schemes
2+ day, 2+ hour ago (351+ words) Specialist pension insurer Rothesay has launched a new bespoke insurance solutions for DB schemes with assets of between "10m and "100m. The launch comes as demand for de-risking solutions from smaller schemes continues to grow as improved funding levels enables more schemes…...
Reimagining DB surplus for today's workforce
2+ day, 7+ hour ago (522+ words) Many defined benefit (DB) pension schemes are now in a markedly different position from just a few years ago. Strong funding levels, favourable market conditions and evolving policy developments have left many schemes holding material surpluses, whilst being closed to…...
Hymans calls for 'bold' reforms of AE to help renters onto housing ladder
2+ day, 3+ hour ago (575+ words) AE contributions could be entirely absorbed by rental costs in later life, according to new research, which calls for new ways for pensions to help first-time buyers. Hymans Robertson's report, Tapping the potential of property and pensions, highlights the impact…...
Climate change 'definining' risk in long-term pension outcomes: SPP
2+ day, 10+ hour ago (306+ words) Climate change is rapidly becoming the "defining" risk factor when looking at longer-term investment strategies, funding positions and retirement outcomes according to a new report from the Society of Pension Professionals. This Pensions in a Warming World report, published just…...