UK - Morley Fund Management's half-year profits slumped to £6m, a fall of £8m from last year.
The firm - part of Aviva, the rebranded CGNU - blamed a combination of ailing markets and reduced fees.
The losses come despite Aviva’s assets under management rising to £214bn, up £6bn from the same time last year.
The Howden Group Pension Plan has completed a full pensioner buy-in with Legal & General (L&G), insuring benefits for around 2,000 members.
Professional Pensions is looking to update its list of pensions master trusts in the UK ahead of authorisation. Can you help?
Concern about the potential impact on employer covenants has been rated the top risk for defined benefit (DB) schemes, according to a PTL survey.
Jonathan Stapleton says the DWP's progress on CDC is a welcome, and cautious, step forward.