Aptia formally launches after admin buyout from Mercer
08 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 - was formed ...
UPDATED: How the Thatcher governments changed
Apr 16, 2013 · The governments of Prime Minister Margaret Thatcher made several major changes to the UK pensions system during the 1980s. Professional Pensions takes a look at some of the milestones. Paradoxically, while Baroness Thatcher's governments strived to roll back the state and reduce the burden of tax and regulation in many areas - pensions largely ...
List: The biggest professional trustee firms in the UK
Aug 4, 2020 · We are currently compiling a list of firms who are providing professional trustee services. If we have missed any out, or included any in error, please contact [email protected]. The list so far is: Last updated: 25th January 2021. Have your say: Will the WPC's inquiry into the impact of pension freedoms be too overshadowed ...
Smart makes series of redundancies - Professional Pensions
Jan 25, 2024 · The Smart Building at 136 George Street in London is Smart’s global HQ. Smart has made a swathe of staff redundancies in a bid to “reduce its cost overhead”. Since its inception in 2014, Smart has expanded its operations globally, with its UK offering including the Smart Pension Master Trust. A former Smart employee confirmed on LinkedIn ...
How AI and technology will reinvent pensions - Professional …
Jun 26, 2023 · At Reinventing Pensions Live 2023, Knowa was invited to share its thoughts on how technology will reinvent pensions. Its vision of a future with near universal access to defined benefit (DB) pensions surprised a majority of the audience, yet the technology needed to get us there is available today. Here it brings this vision to a wider audience.
Revealed: The top third-party administrators and software …
May 7, 2021 · The Professional Pensions Administration Survey 2021 reveals the rankings of the best third-party administrators and software providers for pension schemes. This year's survey gathered data from respondents in both the public and private sectors, and across a range of different scheme types. The majority of respondents (81%) were responsible ...
A history and the rationale for DB schemes: Where they came from
Aug 7, 2020 · Share. In the first feature of a three-part series, Iain Clacher and Con Keating look back at the UK’s defined benefit universe, exploring why the schemes were set up, how they have changed, and the case for their creation. Since their heyday in the 1990s, UK occupational defined benefit (DB) schemes have been winding up at a rate of about ...
Pension master trusts: The definitive list of providers
Dec 17, 2019 · Aspire Savings Trust. Atlas Master Trust (Capita Employee Benefits) The Aon MasterTrust. The Aviva Master Trust (formerly the Friends Life Master Trust) The Baptist Pension Scheme. BCF Pension Trust. Bluesky Pension Scheme (Evolve Pensions) The Carey Workplace Pension Trust. The Cheviot Trust.
Now Pensions upgrades proposition and appoints TCS as …
Nov 30, 2023 · Now Pensions said these developments were supported by its investment in new technology and through the appointment of TCS as its new administrative and technical partner from 2024 following a strategic review of the market. The scheme's appointment of an administrator comes after rival master trust Nest signed a ten-year deal with TCS in June.
Isio acquires K3 Advisory
Oct 11, 2024 · Isio has acquires K3 Advisory in a bid to “bolster” its risk settlement capabilities. The acquisition – subject to Financial Conduct Authority approval – will see K3 continue to operate as a distinct service within the Isio Group, with the …