The Pensions Management Institute (PMI) has renewed its master trust insight partnership with Scottish Widows.

As part of the partnership, Scottish Widows will help host webinars, interviews, and panel discussions for PMI members on key master trust topics within the industry. Scottish Widows will also produce thought leadership and expert content in the area of master trusts, supporting innovation on current, pertinent issues and adding value through the delivery of specialist knowledge. Included in this platform will be a PMI Bitesize TV video to be launched later this year, which will provide an educational style of video content for those interested in Master Trusts.

Royal London has announced plans to provide a further £2m as part of its partnership with Turn2us, a charity dedicated to ending financial insecurity in the UK.

Building on the success of the past three years, Royal London confirmed that it plans to support with an additional £2m over the next three years. This renewed collaboration aims to tackle the stigma surrounding financial insecurity through research, advocacy and supporting the development of a collaborative advice network: a digital-first support network combining Turn2us’s tools and information with subject-specific expertise from trusted, specialist organisations. Royal London has contributed over £1.4m to the partnership since the collaboration began in 2021, primarily supporting the Turn2us helpline, which provides immediate assistance to those struggling financially.

TPT Investment Management (TPTIM) has partnered with MSCI to develop a new risk management solution designed at providing comprehensive insights into the risk characteristics of pension schemes.

The solution, which leverages MSCI’s robust analytics to evaluate individually specific asset risks, is intended to enhance TPTIM’s portfolio risk management capabilities by delivering a holistic view of risk across both public and private market assets and enabling analysis of asset risk relative to liabilities. It also includes analytics that support TPTIM in building a stronger risk governance framework, enhancing investment decision making and improving the ability to communicate risk information to clients. The solution also integrates environmental, social and governance risks as part of this.

First Actuarial and Legal & General (L&G) have launched a new affordable package of group protection employee benefits for smaller employers.

The package is designed to put popular benefits such as life assurance and income protection within the typical budget of businesses employing up to thirty staff. The launch is First Actuarial’s latest move into the broader arena of employee benefits, as it builds on two decades of success as a leading pensions consultancy. For a modest cost, this new group protection package provides life assurance and income protection for smaller employees. It includes features which are usually unavailable with smaller policies. First Actuarial can also arrange critical illness protection as an add-on policy.

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