The UK's income protection insurance market is forecast to shrink by more than a quarter this year, despite the COVID-19 pandemic causing the largest drop in employment for over a decade
The number of UK employees saving for retirement through a workplace pension has skyrocketed since automatic enrolment came into effect eight years ago.
The Unfriend Coal campaign has widened its scope and will now urge insurers to cut ties with all new fossil fuel projects that are inconsistent with international climate targets.
A group of investors managing trillions of dollars in assets has issued a statement to governments calling for a sustainable economic response to coronavirus that helps tackle climate change.
The accounting position of defined benefit (DB) pension schemes at the UK's 350 largest listed companies returned to a deficit at the end of last month as COVID-19 continued to hit the economy.
UK pension funds endured their worst-ever quarterly performance in the first three months of this year as the coronavirus outbreak devastated global stock markets.
The coronavirus crisis could result in general insurance losses of up to $80bn (£64bn) across key classes in the UK and US, new research by Willis Towers Watson (WTW) has suggested.
Global insurers must use their expertise as professional risk managers to champion a fair and green economic response to the coronavirus crisis, a group of NGOs has urged.
Defined benefit (DB) pension schemes have been told to warn members that transferring to a defined contribution (DC) scheme during the COVID-19 pandemic is unlikely to be in their long-term interests.
