Tag Archives: retirement

Aviva Completes £140 Million Bulk Annuity Deal to Secure Member Benefits

(IN BRIEF) Aviva has successfully finalized a £140 million bulk purchase annuity full scheme buy-in transaction with the Trustee of the Guilbert UK Retirement Benefits Plan, sponsored by Office Depot UK Pension Sponsor Limited. This transaction covers around 1,500 members … Read the full press release

Nucleus Foundation and Verve Foundation Collaborate to Empower Women in Financial Advice Sector

(IN BRIEF) Nucleus Foundation has partnered with the Verve Foundation to sponsor and assist 10 women in the We Are Change program, which offers training and qualifications for those aspiring to enter the financial advice field. This initiative aims to … Read the full press release

Skanska UK announces new President following retirement of Gregor Craig

(IN BRIEF) Skanska has announced the appointment of Katy Dowding as the new Business Unit President for Skanska UK, taking up her position from May 2, 2023. Dowding has been with the company for over 20 years, holding a variety … Read the full press release

Andritz Group announces retirement of two long-serving Executive Board members

(IN BRIEF) The Andritz Group has announced changes in its Executive Board with two long-serving members retiring after successful careers with the company. Wolfgang Semper, a member of the Executive Board since 2011, responsible for the Hydro business area, Group … Read the full press release

Aviva leads the way in meeting new Living Pension savings target

(IN BRIEF) The Living Wage Foundation has introduced the Living Pension, a voluntary pension savings target for employers who have achieved Living Wage accreditation. Aviva is among the first UK employers to be awarded the Living Pension accreditation. The pension … Read the full press release

Catherine Chia to succeed Jolene Chen as a new HR at Prudential

(PRESS RELEASE) LONDON, 12-Jan-2023 — /EuropaWire/ — Prudential plc (LON: PRU), a British multinational life and health insurance company, has announced the retirement of Jolene Chen, Group Human Resources Director. The company has also announced the appointment of Catherine Chia … Read the full press release

Succession Wealth becomes part of Aviva: the demand for financial advice across the entire wealth spectrum has never been greater

Significantly enhances Aviva’s position in the fast-growing UK wealth market Strengthens Aviva’s wealth offering and accelerates its ability to offer high-quality financial advice to a significant number of its 6 million pension and savings customers without an existing adviser Enables … Read the full press release

Aviva Financial Advice (AFA) to replace the previous referral model with the launch of a new advice model for annuities

(PRESS RELEASE) LONDON, 24-Jan-2022 — /EuropaWire/ — Aviva plc (LON: AV), a British multinational insurance company, has announced that Aviva Financial Advice (AFA) will replace the previous referral requirement in cases where a non-Aviva product provided the best solution for … Read the full press release

Aviva report on the impact of the Covid-19 pandemic on UK workers

Employee life satisfaction has dropped by 10 percentage points since the start of the pandemic almost three in five are neglecting their physical health due to work and half said they don’t know how much to save for retirement. However, … Read the full press release

LV= survey reveals how millions of Brits have become forced savers during the coronavirus pandemic

72% (38m) UK adults said that in the last 12 months their household saved money as a result of reduced spending due to Covid-19 (E.g. reduced commuting costs, childcare costs, eating out costs Those that saved money saved on average … Read the full press release

Milena Mondini de Focatiis to succeed David Stevens as CEO of Admiral Group

(PRESS RELEASE) CARDIFF, UK, 5-Mar-2020 — /EuropaWire/ — Admiral Group plc announces the retirement of its Chief Executive Officer. David Stevens has notified the Board of his intention to retire from his position as Group CEO and as a director … Read the full press release

Aegon subsidiary in the UK strengthened its existing partnership with Atos

THE HAGUE, 22-Nov-2018 — /EuropaWire/ — Aegon today announces that its subsidiary in the United Kingdom has strengthened its existing partnership with Atos, signing a 15-year contract to service and administer its Existing Business (non-platform customers). This will further improve … Read the full press release

Credit Suisse Youth Barometer: the effects of digitalization are at the root of uncertainties surrounding people’s working lives

ZURICH, 29-Aug-2018 — /EuropaWire/ — Credit Suisse publishes its 2018 Youth Barometer — a representative survey in Switzerland, the US, Singapore and Brazil As the latest Credit Suisse Youth Barometer indicates, the effects of digitalization are at the root of … Read the full press release

CNH Industrial will adopt updated FASB accounting standards for revenue recognition and retirement benefits accounting for U.S. GAAP reporting purposes

LONDON, 17-Apr-2018 — /EuropaWire/ — CNH Industrial N.V. (NYSE: CNHI /MI: CNHI) has published the following presentation and podcast to the Investor Relations section of its corporate website (www.cnhindustrial.com): “Adoption of New Revenue Recognition Standard (ASC 606), New Retirement Benefits Accounting … Read the full press release

BT to close its defined benefit pension scheme

Future pension benefits for active BT Pension Scheme members to move to an enhanced defined contribution scheme BT agrees with Communication Workers Union to establish a ‘hybrid’ pension scheme, combining elements of both defined benefit and defined contribution schemes Changes … Read the full press release

Prudential to host series of nationwide ‘Planning Matters’ seminars for financial advisers

LONDON, 11-Jan-2018 — /EuropaWire/ — Prudential will begin 2018 by hosting a series of nationwide ‘Planning Matters’ seminars for financial advisers. At the sessions, which run from 24 January to 22 March 2018 and cover 21 locations across the UK, Prudential’s … Read the full press release

Prudential research: one in five over-55s consider buying retirement property but letting it out until retirement

One in five over 55s are considering buying their ideal retirement home now and letting it out until they retire More than half plan to raid their pension savings to fund their ideal retirement home Post-pension freedoms three in ten … Read the full press release

Allianz’s Security-Trust-Solidarity study focused on how people prepare for retirement and which factors influence the individual sense of security

Generational contract is intact though it is an additional burden for younger people Future perspective: people in Malaysia confident, Japanese most pessimistic Most young people state they do not have enough money to make precautions Munich, 14-4-2014 — /EuropaWire/ — Money matters: … Read the full press release

La Vie en Rose – Europe’s First LGBT “Active Lifestyle” Retirement Village

PARIS, 17-2-2014 — /EuropaWire/ — The image of retirement has changed dramatically in recent years. With the state pension age creeping up and financial uncertainty on the increase, more and more individuals are facing the prospect of working well beyond their … Read the full press release