UK - Owner-managed businesses are a key area for new SIPPs and other benefit packages, Jardine Lloyd Thompson Financial Solutions claims.
JLT’s financial solutions arm – launched at the beginning of this year – expects significant growth in this sector.
Managing director Simon Lowndes said: “We recognise, irrespective of pension reviews and even a future Pensions Act, controlling directors will always have a requirement for business enhancing advice.”
Some of the UK's biggest pension schemes will be forced to report on climate risk in line with recommendations from the Taskforce for Climate-related Financial Disclosures (TCFD).
TPT Retirement Solutions has launched a pension scheme for the education sector which offers schools both defined contribution (DC) and defined benefit (DB) pension provision.
The People's Pension has revealed plans to overhaul its charging structure, cutting fees and returning profits to members with an aim to help people save more money for retirement.
Data consultancy ITM has appointed Akash Rooprai as head of client management to lead its de-risking business.