UK - Insurance giant Aviva is to slash the costs of its UK operations after falling stock markets and economic uncertainty saw its sales of life and pensions products drop by 22%.
Chief executive Richard Harvey warned that “challenging market conditions” were set to persist throughout this year, noting that the firm was focused on cutting costs and raising revenues.
The registration deadline for the Workplace Savings & Benefits Awards 2019 is today.
This week's top stories were the DWP giving the green light to CDC and TPR granting extensions for 11 master trust authorisation applications.
Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up
The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.