UK - Aegon has bought a 9.99% share of Personal Touch Insurance in a bid to boost its intermediary distribution business.
Personal Touch – a private company based in the West Midlands – distributes a full range of financial services and has in excess of 10,500 introducing agents and a turnover of around £12m.
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives.
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.