Industry

Hymans Robertson has acquired Bath Actuarial Consulting (BAC) in a bid to boost its corporate consulting business.

This week’s top stories included the Legal & General Group UK Senior Pension Scheme’s £400m assured payment policy deal, and the Pensions and Lifetime Savings Association appointed six members to its policy board.

Proposals put forward by the Office for Tax Simplification (OTS) to pass pension data directly to HMRC will likely help savers but add millions more to the cost of pension tax relief, Lane Clark & Peacock (LCP) says.

Pension Wise is delivering double the number of appointments to pension savers in some regions of the UK than in others, a freedom of information request submitted to the Money and Pensions Service (Maps) reveals.

Work and Pensions Committee

The number of excess deaths registered in England and Wales in the second week of 2021 is around 5,000, according to the Continuous Mortality Investigation (CMI).

More than 60% of pre-retirees supports the Financial Conduct Authority’s (FCA) investment pathways initiative, according to research by Legal and General Investment Management (LGIM).

The Pensions Management Institute (PMI) has launched an expanded mentoring and development programme, following a successful pilot project.

Kim Gubler says the project to deliver the pensions dashboard is on track and that talk of a delay is incorrect.

Eight major pension fund executives have called on prime minister Boris Johnson and the government to allow the financial sector to contribute to the UK’s decarbonisation efforts ahead of the COP26 summit in Glasgow.