UK Insurance Trends

Pensions: Mercer Launches DB Master Trust

Mercer today announced that it will launch its UK Mercer DB Master Trust, which offers pension scheme sponsors the potential for enhanced governance and economies of scale to deliver better outcomes for members. A DB Master […]

Insurance Regulation

FCA Update on Avacade & Alexandra Associates Pensions Scandal

High Court orders illegal pension introducers Avacade, Alexandra Associates and their directors to pay £10,715,000 restitution to consumers. The two companies and three individuals must pay restitution to members of the public who were induced […]

UK Economy

Aegon Warns on Financial Scammers Targeting Savers & Investors

Almost 3 million people in the UK have fallen for a financial scam after being approached by a fraudster since the start of the coronavirus outbreak, according to Aegon’s survey into the behaviour of savers […]

News

LV= Ponders Possible Sale of Life & Pensions Division

Here’s the latest from LV= who are reportedly looking to sell their Life and Pensions division. “The board of Liverpool Victoria Financial Services Limited (“LV=”) notes the recent press speculation regarding a possible transaction in […]

Legal

ME Group Launches New Service for Law Firms Engaged in Mis-Selling Claims

ME Group, the LegalTech business that supports law firms handling complex financial disputes, has launched new services for lawyers working to help people who have been mis-sold many different types of financial products. The group, […]

Business

UK Companies Suspend Dividends, Insurers & Pension Funds Affected

UK companies are cancelling dividends in the wake of Corona, which means many insurance companies who have millions invested in the stock market are going to take a haircut on the revenue generated. In turn, […]

Life/Health/Critical illness

Xpension Raises 25m Euros in Series C Funding Round

Investment within the insurtech and fintech sectors continues, despite the Corona outbreak. One area where transformation is overdue is the Life and Pensions sector, where a `buy it, store it and forget it’ approach has […]