Prudential

Over 400 customer service and support staff in Belfast will transfer to Capita when it takes over sales and administration services for Prudential UK's life and pensions range.

Prudential has signalled its intention to build a bigger presence in the individual pensions market by adding a deferred sipp to its retirement funds proposition.

One in 10 working Britons fear their jobs are in imminent danger but over a third have little or no savings to tide them through emergencies, according to Prudential.

Financial advisers are expecting more clients to surrender their Standard Life with-profits policies as its latest bonus rate announcement reveals the fund returned just 2.2% in the last six months.

Paternoster, the latest entrant to the bulk annuity market, has joined forces with Jardine Lloyd Thompson Benefit Solutions.

Latest figures from Prudential's Retirement Index show more than one million pensioners have debts averaging over £15,000.

Paternoster has withdrawn its first amount of capital and is now actively looking for new business.

The Financial Services Authority (FSA) is ‘minded to authorise' new insurance company Synesis Life.

Almost 5,000 businesses have lost confidence in their final salary pension schemes over the last year.

Citizens Advice has published a report highlighting the improvement its Financial Skills for Life programme has had on vulnerable groups.