Aegon

Lord Turner's proposals for the reform of the State Second Pension (S2P) will accelerate the closure of remaining Defined Benefit (DB) schemes, claims Aegon.

Aegon launching a major advertising campaign to target corporate decision makers, at a time when it is looking into a move into the bulk annuities market.

Scottish Equitable International (SEI) is to replace three of their current offshore bonds with a new offering from early March.

ALMOST TWO fifths of Britons say they have lost faith in the private pension system and say it would take "an act of God or the Government" to make them reconsider investing, according to the Daily Telegraph .

REGULATORS FAILED to prevent fraudsters "systematically plundering" £3m from a company pension, according to an inquiry by Sir Gerald Hosker QC published yesterday, reports the Daily Telegraph .

BRITAIN is being urged by business to use its leadership role as president of the European Union to push for reform and free trade at this week's heads of government summit at Hampton Court, according to this morning's papers.

New insurer City Connexions has now officially launched itself into the market with an MPPI product supported by former GE business Genworth Financial.

Scots-born fund manager Scott McKenzie is leaving Morley Fund Management to head up Martin Currie's £30 million UK equity income fund, reports this morning's Scotsman .

For a while, the financial services distribution battle seemed to be about product providers feverishly buying up intermediary firms.

Assureweb is now wholly-owned by a consortium of five product providers as Misys has sold Sesame's remaining 60% stake in the IFA portal to its existing shareholders.