Aberdeen Asset Management is to partner with pensions consultancy Hymans Robertson for a service which will see it use the firm's technology to target direct investors for the first time.
The Chancellor's pension reforms will see over-55s take out a total of about £5bn from their pension pots after the rules change in April next year, an actuarial firm predicts.
Partnership has taken on 20 high liability pension members from an unnamed company in a deal worth £22m.
John Walbaum puts forward a different approach to helping retirees attain a decent income.
Retirement Planner's round-up of the top pension stories this week.
Unions have claimed today's Office for Budget Responsibility (OBR) report unfairly presents public sector pension liabilities.
Public sector workers' resistance to pension reforms stems from a misunderstanding about how the changes will affect them, Hymans Robertson research claims.
The National Employment Savings Trust (NEST) is heading for a capacity "car crash" as under-prepared employers cause a last minute stampede for auto-enrolment products, warned Hymans Robertson.