Close Brothers Asset Management is to sell its corporate business to JLT Employee Benefits for an undisclosed sum.
JLT Employee Benefits (JLTEB) has suspended consultancy charging on corporate schemes until the Department of Work and Pensions (DWP) completes its investigation of the practice.
Aegon will transfer the operation of its defined benefit pension schemes to JLT Benefit Solutions under a partnership agreement which will see 100 staff transferred from the life company.
JLT Wealth Management has unveiled a telephone-based advice service for its individual and corporate clients in preparation for the retail distribution review (RDR).
Premier Retirement Solutions (PRS) has launched an annuity comparison service in a bid to help retirees make the most of the open market option (OMO).