UK - The Association of British Insurers has expanded the remit of its pensions committee to consumer-orientated products.
It will now be known as the pensions and savings committee.
An ABI spokeswoman said: “We have extended the focus to look at products including ISAs, equity release and annuities.”
Standard Life has increased exposure to risk assets in three out of five funds in its Active Plus and Passive Plus workplace pension ranges.
Some 48% of employers are unaware of the services or help they offer to members of their defined contribution (DC) schemes, according to Aon.
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