UK - Winterthur Life has launched its first multi-manager unit-linked investment bond.
The Winterthur Investment Bond will have access to over 45 top funds and seven managed portfolios including the Winterthur Elite Managed Range.
The bond - in line with the recommendations of the Sandler report - has a clear charging structure, with no bid offer spread, no exit penalties and free unlimited fund switching.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers