Standard Life's operating profit before tax increased by 7% to £425m last year, boosted by the uptick in markets and an increase in corporate pension scheme clients.
Secretary of state for work and pensions Iain Duncan Smith set out the coalition's plans for radical state pension reform yesterday.
Some 17% of final salary pension schemes are now closed to new members and future accrual, National Association of Pension Funds research shows.
The balance of occupational pension schemes monitored by the Pension Protection Fund marginally improved to a surplus of £48.4bn at the end of February.
GLOBAL/UK - Fidelity International has appointed Chris McNickle as global head of institutional.
Fidelity International has appointed Chris McNickle as global head of institutional.
Bluefin chief executive Nick Burns talks to Jenna Towler about the revolution about to hit the corporate benefits industry and his predictions for the future of workplace saving
HSBC Workplace Retirement Services has linked up with corporate adviser Towergate Financial to provide group personal pensions tailored to small and medium sized businesses.
A policeman was awarded a massive £5,000 compensation by the pensions ombudsman after his planned retirement in New Zealand was nearly shattered by an administrative error.
Will LGPS membership suffer from public sector pension reforms?