Industry

LV= has agreed to sell its remaining pensions and insurance businesses to private equity firm Bain Capital for £530m.

The Association of Member-Nominated Trustees (AMNT)has called for trustees to take positive action in order to recruit new trustees to scheme boards.

Aon has urged the pensions industry to avoid over-reacting to the impact of Covid-19, as it predicts another huge year for the UK risk settlement industry in 2021.

This week’s top stories include a buy-in from National Grid, a buyout from Aviva, and calls for vital automatic enrolment reforms to support pension savings in a coronavirus-damaged economy.

If we were voting for a pensions buzzword of 2020, ‘consolidation’ would be a clear winner, Mark Evans writes. But to what extent can it, and its benefits, be applied to governance?

Getting people to engage with their pensions has been notoriously challenging for the industry, Stephanie Baxter writes.

Pension trustees face a unique mix of challenges. Barnett Waddingham’s new report, Ready or Not, explores how effective trustees are on a strategic level.

Professional Pensions rounds up some of the latest news from two major pension consulting firms.

Lane Clark & Peacock (LCP) partners are set to own a larger stake in the firm after buying out Inflexion Private Equity’s minority stake with the support of Charterhouse Capital Partners.

Barnett Waddingham has published its annual report and accounts, revealing a 9% rise in revenues to £107.9m and a 5% increase in pre-tax profits to £29.7m in the year to 31 May.