Isio acquires Trafalgar House Pensions Administration to expand services
Isio said the deal will help grow its pensions administration business and strengthen its service to trustees, sponsors and members.
Isio said the deal will help grow its pensions administration business and strengthen its service to trustees, sponsors and members.

The transaction secures the benefits of 375 members who were not already insured.

Women in their 60s were more likely than men to say the State Pension age was unfair, with 60% of women agreeing compared to 43% of men.

Emma Furlonger said: “We're delighted to have been selected as their workplace pension provider and proud of how the transition has been delivered."

The 'Retirement Runway' research, based on a survey of 50 professional DB pension scheme trustees, found significant differences depending on scheme size.

64% said they had maintained their contribution levels despite significant financial pressures.

35% expect retirement income solutions to be one of the biggest differentiators in the next five years.

Key urged IFAs and wealth managers to provide later life lending advice to ensure a holistic approach to retirement planning.

Lumera warned that limited resources and historic data gaps could leave them facing disproportionate operational pressure.

Damon Hopkins, head of DC workplace savings at Broadstone, said: “Steven Bell and Liam Hudson bring significant expertise and industry experience."

Retirement sales stood at £2.2bn, with individual annuities up 11% and equity release up 19%.

Joyeeta Kanungo joins as director of product and structuring, bringing 18 years of experience in pensions, insurance and retirement markets.
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