Retirement
Investment
Friends Life has reported a 41% increase in the value of new business for the first nine months of 2013, rising from £94m during the same period last year to reach £133m.
12 November 2013
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Income
Shares in Just Retirement have been priced at 225p each ahead of its initial public offering (IPO), based on a market capitalisation of £1.1bn.
12 November 2013
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Income
Phoenix clients with low paying annuities can switch out for a cash lump sum under a recently launched pilot project.
11 November 2013
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Investment
Provider Scottish Life could exit the auto-enrolment pension market in 2015 as the looming ‘capacity crunch' hits.
11 November 2013
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Investment
Steve Webb's move to ban commission and active member discounts is a ‘seismic' shift for providers and will drive a completely new business model for advisers, Aviva has said.
11 November 2013
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Regulation
MPs are calling for further pressure to be placed on pension fund managers to reveal the full extent of their charges on investors.
11 November 2013
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Investment
The Department for Work and Pensions (DWP) has published its long-awaited defined ambition (DA) paper, setting out three proposals for new structures for schemes, including a 'flexible' defined benefit (DB) model which would see the removal of indexation...
07 November 2013
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Your profession
New life sales at Aegon's UK business were £190m in the third quarter of 2013, a 17% rise on the corresponding period last year, thanks to auto-enrolment, group pension and platform sales.
07 November 2013
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