Pensions - Articles - Comment on Cushon purchasing Creative Pension Trust


Commenting on the Cushon purchase of Creative Pension Trust, Michael Ambery, Partner, Hymans Robertson says:

 “The announcement about Cushon’s purchase of Creative is great news, and indication of a very busy Workplace Savings market in 2022. This is the first headline consolidation of Master Trust providers this year, and highlights a market that is moving in this direction. We believe this acquisition will provide real value for members.

 “It is hugely important in a changing market to be aware of consolidation and the impact this will have on our industry, not least what this means for the selection and reviewing of providers. Today’s announcement is in many ways a logical one, and sends a positive messages to consumers and the market itself. A clear focus on technology, sustainable investment and the heightened importance of value are strong principles of this transaction. This further reflects the workplace provider market evolution, and the importance of adapting to customer needs. We believe further consolidation is likely in the coming months.”
  

Back to Index


Similar News to this Story

Half of pensioner homeowners do not check State Benefits
Pensioner homeowners struggling with rising living costs urged to review State Benefit eligibility after new research shows nearly half have never che
Pensions are a long term investment and have time to recover
Experts from pension and investment specialists Quantum Advisory addressed members of the Chartered Accountants in England and Wales (ICAEW) on the tu
State auto enrolment credits could reduce Gender Pension Gap
The Government should introduce State auto-enrolment credits for career breaks and radically change the framework of occupational pensions to reduce t

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.