UK - Reliance Mutual is seeking further blocks of life assurance and pensions business following its acquisition of 23,500 policies from Family Assurance.
The acquisition of £260m in funds under management from Family was the latest in a line of similar deals, which have seen the Kent-based company buy parts of Templeton and Time Assurance and the overall acquisition of Criterion Life Assurance.
Chief executive Les Etheridge said he had a clear strategy on how Reliance Mutual would be positioned during the next phase of its development. This included acquiring small to medium-sized blocks of business.
Industry experts are calling on the government to act quickly on new pensions dashboard legislation. The DWP is looking at how to do it amid Brexit constraints, writes Kim Kaveh.
An interactive and hands-free technology that allows savers to track how much they have invested into their retirement pots has been launched by Smart Pension.
The Lighthouse Pensions Trust has recorded an 84% surge in the number of employers signed up to its auto-enrolment (AE) provision.
Melrose Industries's UK defined benefit (DB) schemes had a £5.5m combined deficit at the end of 2016, its annual results have revealed.