Tagged: pensions

March 23, 2024 @ 8:12 am By Omar Faridi  |  

New analysis conducted by the Centre for Economics and Business Research, on behalf of PensionBee, reveals that over £50 billion pounds in hard-earned pensions are at risk of being misplaced in abandoned accounts or scattered across multiple lost pots. The new research estimates that “at… Read More

February 28, 2024 @ 9:23 pm By Omar Faridi  |  

Smart Pension, one of the UK’s workplace pension providers, and Wahed, an Islamic digital investment platform, have launched a new diversified workplace pension, the Halal Workplace Pension. The collaboration meets the unmet demand for modern, Shariah-compliant workplace pensions from Muslim employers and “among the UK’s… Read More

January 3, 2024 @ 9:03 am By Omar Faridi  |  

Buying a home and paying off the mortgage are the “biggest financial wins” that make people proud, while living in debt and spending beyond one’s means are the “nation’s biggest regrets,” according to research shared by online pension provider PensionBee. A survey by PensionBee has… Read More

December 26, 2023 @ 9:13 am By Omar Faridi  |  

Smart Pension, which claims to be one of the UK’s leading workplace pension providers, has signed an open letter urgently “calling for more asset managers to offer pass-through voting on pooled funds.” Collectively representing pension schemes, endowments and wealth managers stewarding approximately £250bn assets under… Read More

December 20, 2023 @ 9:57 am By Omar Faridi  |  

Pension savers choosing fossil-fuel free pension plans are likely to have seen higher returns during 2023 than those in mainstream default plans, according to analysis by PensionBee, an online pension provider. Comparing the MSCI ACWI ex. Fossil Fuels Index, which “excludes oil and gas producers,… Read More

December 9, 2023 @ 1:16 pm By Omar Faridi  |  

PensionBee notes that in recent years, the spotlight has intensified “on the role of investments in the climate debate.” As most consumers would hopefully know by now, ‘ESG‘ stands for Environmental, Social, and Governance. This is a framework used to “measure a company’s sustainability, workforce… Read More

December 5, 2023 @ 10:02 pm By Omar Faridi  |  

Smart Pension, one of the UK’s workplace pension schemes, has been appointed to provide a workplace pension by ISS UK, the nation’s workplace experience and facility management company. The appointment reportedly “represents some 19,000 active and 43,000 deferred employees and £200m in Assets Under Management.”… Read More

November 25, 2023 @ 2:18 pm By Omar Faridi  |  

New research from online pension provider, PensionBee, reveals a notable enthusiasm among c.1,000 UK pension holders “for the recently announced ‘pot for life’ pension model.” Over three-quarters (76%) of pension savers “expressed that they would consider opting for the new model, while only 5% of… Read More

October 31, 2023 @ 10:25 am By Omar Faridi  |  

Smart Pension, one of the UK’s workplace pension providers, and Mercer, the global consulting and investments leader and a business of Marsh McLennan (NYSE:MMC),  launch a new pension solution to meet the accelerating demand for modern retirement technology amongst the UK’s 5.5 million small and… Read More

October 23, 2023 @ 10:39 pm By Omar Faridi  |  

Nucleus Financial Platforms, one of the UK’s independent adviser platform groups, explains the impact of today’s inflation figures “on triple lock calculations for state pensions from April 2024 and calls for a sensible discussion around the future of the triple lock and the state pension… Read More

October 19, 2023 @ 11:04 am By Omar Faridi  |  

Analysis by PensionBee, an online pension provider, has found that putting a pay rise in a pension now can “lead to a bigger rise in annual retirement income later on.” Regular pay including bonuses in the UK “rose 8.5% in the year to July 2023,… Read More

October 14, 2023 @ 5:55 pm By Omar Faridi  |  

Smart Pension, which claims to be one of the UK’s leading workplace pension schemes, announces that it aims to reduce the emissions of its default growth fund by 75% by 2030. This new target swiftly follows the announcement that Smart Pension “had achieved a 50%… Read More

October 2, 2023 @ 8:52 am By Omar Faridi  |  

Parents could help provide more than £300,000 in pension wealth for their kids by the time they reach retirement age “by contributing to their child’s pension from the age of 18,” according to new research shared by PensionBee. As concern grows around the sustainability of… Read More

September 26, 2023 @ 8:40 am By Omar Faridi  |  

Standard Life, part of Phoenix Group, which claims to be the UK’s largest long-term savings and retirement business, has partnered with Moneyhub, the Open Banking and Open Finance platform, to deliver its pensions dashboard. This marks the first UK provider to commit to offering a… Read More

September 24, 2023 @ 10:23 pm By Omar Faridi  |  

Smart Pension, one of the UK’s workplace pension providers, announces its investment in the AMX-DWS Global Low Carbon Stewardship Fund. The fund is a new low-carbon global equity index strategy that “offers innovative stewardship voting capabilities, being one of the first pooled funds to offer… Read More

September 8, 2023 @ 12:16 pm By Omar Faridi  |  

Netcompany acquired a 20% stake in the Danish based Festina Finance – a provider of software for the Life and Pension industry with a customer base in Denmark and the Netherlands. The investment will accelerate the entry “into new markets for Festina Finance and enhance… Read More

September 3, 2023 @ 8:04 pm By Omar Faridi  |  

Smart Pension, which claims to be one of the UK’s leading workplace pension schemes, announces it is committing “to removing commodity-driven deforestation from its main investment arrangements.” Smart Pension is reportedly one of the first pension providers “to make such a commitment and one of… Read More

August 29, 2023 @ 1:53 pm By Omar Faridi  |  

At least half of retirees could be missing out on hundreds of pounds of interest each year through “keeping their savings in accounts with rates of 3% or less a year,” according to new research. As high street banks have come under fire for failing… Read More

August 14, 2023 @ 12:06 pm By Omar Faridi  |  

Smart Pension, which claims to be one of the UK’s leading workplace pension providers, today announced it is working with Yonder, the all-in-one platform to automate health insurance and retirement benefits for growing teams, “to enable companies and their UK-based employees to easily administer and… Read More

August 13, 2023 @ 11:48 pm By Omar Faridi  |  

Pension fund net-zero transition plans are “dramatically” underestimating the risks and opportunities presented by climate change, industry experts claim. A new report from the Economics of Energy Innovation and System Transition (EEIST) project, led by the University of Exeter, argues “for fundamental change in the… Read More