Industry

This week’s top stories included Aon findings that the number of defined benefit schemes employing a sole trustee model is expected to double by 2025, while Scottish Widows invested £2bn as the inaugural investor in BlackRock’s new climate fund.

Standard Life Aberdeen (SLA) saw its profits fall by a third in its first-half results as revenue fell, but redemptions from its strategies fell to the lowest level since the firm's blockbuster 2017 merger.

Phoenix Group has reported a £36m increase in group operating profit in the first six months of this year, as well as strong cash generation of £433m.

Aviva’s operating profit fell by 11% in the first half of the year as Covid-19 hit business activity, although a growth in bulk annuity sales partially offset the drop.

The latest update from the Continuous Mortality Investigation (CMI) for week 30 of 2020 shows a sixth successive week of recovering death rates amid the coronavirus pandemic.

In this latest Pensions Buzz, we want to know whether you think the Work and Pension Committee's inquiry into the impact of pension freedoms between 2015 and 2020 will be too overshadowed by Covid-19 impacts?

The retirement of the Kames Capital brand will be completed nine months after it was announced the specialist investment management business would move to Aegon Asset Management (AAM).

The number of defined benefit (DB) schemes employing a sole trustee model is expected to double over the next five years, according to an Aon poll of the sector.

As The Pension Regulator’s (TPR) home city Brighton gears up for its first virtual Pride, diversity and inclusion in pension schemes has never mattered more, says Charles Counsell.

PTL and Law Debenture’s pensions business have both reported growth in revenue and new business.