Industry

Professional Pensions is set to publish its Guide to Scheme Investment in September.

Punter Southall has moved its Edinburgh office to larger premises after doubling the size of its team in the last three years.

Operating profits at Standard Life UK rose by more than 60% in the first half of the year compared to the same period in 2011, driven by an increase in fee revenues and lower acquisition costs.

Fidelity Worldwide Investment has launched a shopping around tool with Annuity Direct to help people use the open market option.

Prudential has seen a significant decrease in corporate pensions sales but said this is countered by a sales boost in individual annuities and with-profits.

One third of contributors believe DWP's preferred method of consolidation increases risk of fraud.

Most contributors say regulators and industry bodies are not doing enough to encourage shopping around

Seven out of ten say a code on ccommunicating charges must not exempt providers from disclosing trading costs.

The Financial Services Authority has issued a public censure of City Gate Money Managers and banned its director and compliance officer Stewart Wallace Domke over pension transfer business.

Insurer Aviva recorded a loss after tax of more than £680m in the first half of the year, after writing down some £870m of goodwill at its US business.