Pensions management

185 articles tagged with this keyword

/wealth

Nest set to acquire 10% ownership stake in IFM Investors to boost UK private market investments

Nest, the largest UK pension scheme by members, has today announced a landmark partnership with global pension capital investor IFM Investors (IFM) that will see Nest become the first overseas owner in IFM’s history.

/wealth

Oxford Risk introduces retirement income suitability software

Increasing regulatory scrutiny of retirement advice in the wake of last year’s thematic review (TR 24/1) has thrown down a challenge to advisers grappling with how best to demonstrate and evidence suitability.

/sustainable

PensionBee launches new climate plan

PensionBee, a leader in the consumer retirement market, has launched its new Climate Plan that sets a clear standard for climate-focused pensions.

/retail

Lovell Minnick invests in Broadstone

Lovell Minnick Partners (“LMP”), a private equity firm focused on investments in financial services, business services and financial technology companies, today announced the signing of a definitive agreement to make a strategic growth investment in Broadstone.

/payments

Pensions administrator Aptia adopts HSBC's payment pre-validation API

Aptia, the UK’s largest third-party pensions administration firm, has announced its adoption of HSBC’s cutting-edge Payment Pre-Validation API, marking a first for the pensions industry.

/retail

Santander launches online pension plan with up to £1000 cashback offer

Banco Santander has launched a Self-Invested Personal Pension (Sipp) plan in the UK, with a £1000 cashback offer to people investing over £100,000.

/wealth

Bravura selected by West Yorkshire Pension Fund to connect to Pensions Dashboards

Bravura Solutions Limited (ASX:BVS) (Bravura): today announces its Dashboards Connect ISP solution has been selected by the third largest Local Government Pension Scheme (LGPS) in England and Wales to connect its pension member data to the Pensions Dashboards Programme’s (PDP) Central Digital Architecture (CDA).

/retail

L&G selects Moneyhub as pension dashboard provider

Legal & General (‘L&G’), the largest DC pensions provider in the UK, has appointed Moneyhub, the market-leading fintech and Open Finance firm, as its Qualifying Pensions Dashboard Service technology provider, helping to shift the dial on how people plan and prepare for retirement.

/startups

Pensions fintech startup Jarvis raises £1.8 million seed funding

UK-based pensions fintech Jarvis has raised £1.8 million in seed funding in a round co-led by Ascension VC and Cornerstone VC, with participation from Tokio Marine Future Fund.

/retail

Pension and savings fintech Cushon rebrands to NatWest Cushon

Pension and savings fintech Cushon has rebranded to NatWest Cushon a year after the bank took an 85% stake in the business.

/retail

Monzo launches pensions product

UK challenger bank Monzo is further diversifying its product range with the launch of a new pension conolidation product that tracks down old pensions and brings them into one fund in the Monzo app.

/retail

PensionBee goes live in the US

PensionBee Group plc (the ‘Company’), a leading online pension provider, today announces the launch of its business in the United States (‘US’), the world’s largest Defined Contribution pension market, representing approximately 80% of the global total and $22.5 trillion in assets.

/wealth

GBST and Wipro combine for pension and wealth administration services

GBST, a leading global provider of wealth management and advice solutions technology for the financial services industry, and Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, have entered into a strategic partnership aimed at delivering end-to-end administration services for wealth, and pensions companies transitioning from legacy IT environments.

/wealth

Sipps provider Intelligent Money goes into administration

UK wealth management firm Intelligent Money has entered administration after agreeing a deal to sell off its business and assets to fellow provider Quai.

/wealth

Bravura secures place on National LGPS Procurement Framework for Pensions Dashboards

Bravura Solutions Limited (ASX: BVS), a leading provider of software solutions for the wealth management, life insurance, and funds administration industries, has been appointed to the new National Local Government Pension Scheme (LGPS) Procurement Framework for Integrated Service Provider (ISP) and Member Data Services.

/regulation

Pensions dashboards programme delayed due to digital skills shortage

According to a recently released report from the National Audit Office (NAO), the UK government’s Pensions Dashboards Programme (PDP) has been delayed due to a lack of digitally skills and incapacity.

/startups

Retirement savings startup 401GO raises $12 million

401GO, the next-generation retirement plan provider for employers, advisors and individuals, today announced the successful completion of its $12 million Series A funding round, led by Next Frontier Capital. Additional investors include Rally Ventures, who joined existing investors Impression Ventures, and Stout Street Capital that participated in the new investment.

/people

Veronica Humble joins Cushon as new CIO

Workplace pension and savings fintech Cushon is today announcing Veronica Humble joins Cushon as Chief Investment Officer.

/wealth

WealthOS targets Sipp providers

WealthOS, the cloud-native operating system for digital wealth management products, has launched its new solution for providers of Self-Invested Personal Pension accounts (SIPPs) in the U.K.

/retail

PensionBee to enter the US market

UK-based online pension provider PensionBee is to expand into the $22.5 trillion Defined Contribution pension market in the US.