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Mercer puts Benoit Hudon in charge of UK wealth

Pensions consultancy firm Mercer has appointed Benoit Hudon as its new head of wealth in the UK. In his new role, Hudon will be responsible for the implementation and delivery

News UK Pensions

Aon comes to the aid of the AA in bulk annuity purchase

Aon has advised the AA’s pension scheme on its first bulk annuity purchase. The AA Pension Scheme is undertaking a gradual de-risking programme. As part of this approach, it has

News UK Pensions

B&CE brings in Redbond as IT director

B&CE, provider of The People’s Pension, has appointed David Redbond as its new director of IT. Redbond joins B&CE with a wealth of experience, having worked in a number of

News UK Pensions

TPR uses new enforcement powers for first time

Fraudsters, poorly performing trustees and rogue employers are being tackled through the use of a wider range of The Pensions Regulator’s (TPR) powers. TPR’s latest quarterly compliance and enforcement bulletin

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FCA and TPR warn public of pension scammer tactics

The Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) have launched a new campaign to tackle pension scams, as the latest figures reveal that victims of pension scammers lost

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FTSE350 pension gap has more than halved, finds Mercer

The accounting deficit of defined benefit pension schemes for the UK’s 350 largest listed companies decreased from £72 billion at the start of 2018 to £32 billion on 31 July,

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Pensions dashboard petition edges closer to 87,000 signatures

Support for the pensions dashboard is growing, with almost 87,000 signatures already gathered in protest against work and pensions secretary Esther McVey’s reported decision to scrap the project. The petition

News UK Pensions

The People’s Pension names Chris Fagan as new trustee

The People’s Pension has appointed investment specialist Chris Fagan as a trustee. Fagan is an associate director with independent consultancy, Muse Advisory. Prior to his appointment at The People’s Pension,

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Greater enforcement powers proposed for TPR

Civil fines of up to £1 million could be leviable and criminal prosecutions brought against pension schemes and their bosses under proposals intended to strengthen the powers of The Pensions

News UK Pensions

UK to require pension fund statements on climate change and other ESG factors

The UK government has proposed making pension scheme trustees outline how they consider climate change when making investment decisions. Pension scheme trustees will have to spell out in their statement