Standard Life saw its life and pensions sales rise by over half in 2006 on the back of key changes at A-Day and a redirection of pensions investments towards sipps.
There are rumours in the protection industry the Treasury may reach a middle ground on pension term assurance and allow a watered-down version of the product to continue.
Standard Life cites the need for ‘investment flexibility' as the reason for not increasing the annual bonus rates on with-profits policies, despite a record year for equity-based returns.
Claims suggesting an investment platform could be used to resolve the issue of protecting tax-free cash when consolidating pensions are unfounded, says Standard Life.
Last October Callum McCarthy started a speech he delivered at Gleneagles by saying that in the 18th Century we exported our convicts to Australia. It appears that at the start of the 21st Century some (Australians, not convicts!) have made the return...
HSBC has teamed up with insurer Standard Life to target self-invested personal pensions at small to medium businesses and commercial customers of the bank.
Trevor Matthews, chief executive of UK life and pensions at Standard Life, was this morning forced to apologise to staff for racist comments made in an internal pensions presentation.
Advisers should be aware consolidating occupational schemes into another personal pension contract could lead to a loss of tax-free cash for their clients, says Standard Life.
SEVERAL hundred Standard Life employees are expected to attend an open meeting on the company's proposed pension changes organised by the Amicus trade union today in Edinburgh, says the Scotsman .
HM Revenue & Customs has admitted some of the schemes listed on its site as recognised cross-border pension schemes may still not allow transfers from the UK.