Rothesay Life has refinanced £100m of debt with MassMutual, a US mutual life insurer.
The insurance company said the investment would take the form of perpetual subordinated debt, and confirmed the strength of its business model. The investment replaces existing debt and Rothesay said...
Average amount accessed per person continues to fall
Con Keating says pre-pack administrations do not pose a moral hazard issue, and the problem is actually perverse incentives
This week's edition of Professional Pensions is out now. Click here to read it.
Nearly a million savers could be paying more tax on their pension than required, simply because they have been given the wrong tax code, Royal London has claimed.