Only one in ten companies over the next three years are expected to remove their pension scheme liabilities, suggesting an increase in providers has not boosted business within the bulk annuity market.
The financial services market has changed beyond recognition in the last 10 years, with the advent of platforms and supermarkets together with the total overhaul of pensions legislation. As a result, there isn't really a place in this new world for the...
Assureweb has signed Prudential as a new shareholder in the IT firm at the same time as revealing major new development of its core platform is to be unveiled.
As expected, Gordon Brown has all but closed the door on the year-and-a-day cash investment schemes in his recent Budget, but the fallout may be much greater than was originally estimated.
A lot of people are still clinging to the hope a form of pension term assurance will continue after the Budget, but there is a strong possibility the product will be scrapped and it may be wise to expect the worst.
UK life insurer Prudential has announced it is scaling back its position in the protection sector and is essentially transferring management of its healthcare and protection business to South African firm Discovery.
Prudential has taken the first step towards withdrawing funds from its inherited estates by this morning announcing its nomination for a policyholder advocate.
In the previous blog I wrote that I would look at some of the possible replacements to IHT (inheritance tax). This was in response to the Daily Express campaign against what it refers to as the "Death Tax".
The Parliamentary Ombudsman will find the government guilty of failing to properly regulate Equitable Life, according to a draft report for the Treasury and leaked to the Daily Telegraph .
Just Retirement has announced it is entering the protection market in July and has appointed Paul Cowman, head of protection at Prudential, to develop its product strategy.