Norwich Union was forced to suspend 380,000 personal pension transfers two weeks ago, with 15% of these policies still suspended, following problems migrating to a new computer system.
Norwich Union, one of the UK's most recognizable brands, is to be ditched in favour of Aviva.
Norwich Union has launched the Norwich Union Income Drawdown plan for customers who want a simple product with the control benefits of a SIPP.
Managers of UK equity funds are pouring into large and mega-cap names for the best value amid the current market volatility.
Gold has become the best performing asset class over one, three and 10 years as a result of the current commodity boom.
Norwich Union has appointed Toby Strauss as managing director of its Lifetime wrap.
Policyholders with interests in £5bn of inherited assets in two of Norwich Union's with-profits funds should be allowed to make their own decision on the provider's proposed offer, advocate Clare Spottiswoode says.
Aviva will re-brand Morley Fund Management as Aviva Investors in a global streamlining of its asset management businesses.
The Treasury Select Committee has called for written evidence as part of its inquiry into the orphan assets (Inherited Estate) held by life companies' with-profits endowment funds.
Norwich Union has launched a pilot downsizing programme for customers who do not want a full equity release product.