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Xafinity Media Room

  • 11 May 2012        Xafinity Claybrook scooped the prestigious title of Pension Technology Provider of the Year at the UK Pensions Awards held at the Grosvenor Hotel in London on 10 May 2012. The competition in the category was tough with the judging panel selecting Xafinity from a shortlist of industry competitors including aquilaheywood, DCisions, eShare, JLT Employee Benefits Group, Johnson Fleming and PensionsFirst. Read more
  • 10 May 2012         Equiniti Group has secured a contract renewal for the provision of share services with Lloyds Banking Group. In addition to share services, Equiniti Group’s Xafinity Paymaster business will provide Lloyds Banking Group pension schemes with pension administration services Read more
  • 08 May 2012        Third party administrator, Pension & Benefit Services Limited (PBSL), has selected Xafinity Claybrook’s award winning Compendia software platform for its pension administration and management; supporting in excess of 21,000 members across 24 schemes. Read more
  • 08 May 2012        The UK’s Defined Benefit pension scheme liabilities have shown signs of short term stability as they remain unchanged in April, according to the latest figures from Xafinity. However, whilst many might view stability as good news, Xafinity advises that most sponsors are rightly concerned when aggregate IAS19 deficits have seemingly reached a plateau at half a trillion pounds. Read more
  • 04 May 2012        HR, training and development professionals, responsible for making decisions about their business training needs, are invited to attend a free leadership forum hosted by Xafinity Skillbase in London on 5 July. Read more
  • 30 April 2012 MyCSP Ltd, the first ‘John Lewis style’ business created from a central government service, was launched today by Francis Maude, Minister for the Cabinet Office. Equiniti Group’s Paymaster business was announced as the private sector partner and holds a 40% stake.... Read more
  • 27 April 2012    Financial markets have played havoc with the state of funding for corporate pension schemes. The Pensions Regulator has now bowed to pressure and published his views on what should be done. Read more
  • 10 April 2012     The UK’s Defined Benefit pension scheme liabilities remained unchanged in March, according to the latest figures from Xafinity, as equity markets and bond yields show little change since the end of February. Pension deficits increased by £24 billion as the value of scheme assets decreased slightly. Read more
  • 27 March 2012      Xafinity is warning that current market conditions could mean many companies are being forced to put pension liability management plans on hold.  The current level of government bond yields, driven down by the latest wave of quantitative easing, make both offers to members and the purchase of matching assets increasingly unattractive. Read more
  • 15 March 2012   HR, payroll and pensions professionals are invited to attend a free conference hosted by Xafinity in London on Tuesday 22nd May 2012. ‘Auto-enrolment - It’s complicated’ is aimed at anyone who needs to understand auto-enrolment and how it will impact on businesses. Read more
  • 08 March 2012   The UK’s Defined Benefit pension schemes liabilities jumped £133 billion in February from £1,435bn to £1,568bn according to the latest figures from Xafinity. Most of the increase was attributable to a fall in corporate bond yields, but, critically, the figures also reflect the impact of the quantitative easing programme and a perception of continued long term, low level price inflation. Read more
  • 14 February 2012    Investment managers and M&A professionals are invited to a free breakfast seminar on 22 March, to discuss the financial risks, posed by pensions’ deficits, that sponsoring employers face when considering corporate restructures, mergers or acquisitions. Read more
  • 03 February 2012    The UK’s defined benefit pension schemes benefit from stability in corporate bond yields and inflation, giving rise to a small fall in deficits, says Xafinity. The £10bn fall is based on FRS17 and IAS19 accounting rules, as tracked by actuaries using the Xafinity Corporate Pension Scheme model. Read more
  • 10 January 2012    Leading pension administration and payroll services provider, Xafinity Paymaster, part of the Equiniti Group, has appointed former Vertex Client Director Nigel Pearce as Account Development Director. Read more
  • 09 January 2012    The UK’s defined benefit pension schemes have ended the year £50 billion up on 2010, based on FRS17 and IAS19 accounting rules, as tracked by actuaries using the Xafinity Corporate Pension Scheme model. Read more