Investment

Aegon is withdrawing from the bulk annuities market with immediate effect as part of a restructure of its UK life and pensions business.

An employer member of the National Association of Pension Funds has accused the trade body of failing to consult with members before issuing public statements.

Straight-through processing should be made the industry standard for defined contribution investment transactions, Fidelity says.

Total scheme allocation to bonds is at its highest level since the late 1960s, a UBS Global Asset Management survey reveals.

An Organisation for Economic Co-operation and Development (OECD) working paper, published this month, has found defined contribution members risk dramatic fluctuations in retirement income unless they adopt default strategies that reduce the impact of...

The government set "tougher targets than expected" in yesterday's Budget, fund managers say.

A group of consumers has warned the department for work and pensions a "too broad" review of the 2012 reforms would compromise the "hard-won consensus" on auto-enrolment.

Global - The European asset management industry is expecting a new wave of international merger and acquisition activity as participants prepare to expand into Europe, Asia and South America, research suggests.

Industry figures are rushing to lobby the government on crucial pensions issues ahead of tomorrow's emergency Budget.

F&C shareholders have approved the company's proposed £53.6m takeover of Thames River.