UK - Axa is aiming to become one of the big players in the corporate pensions market.
The financial services giant is developing its range of pension products to make the implementation of new schemes smoother.
Head of pensions marketing Steve Folkard said Axa was investing a considerable sum in the continuing development of its proposition over the next 12 months.
He said this was in addition to the £30m already spent to “improve our pensions platform over the past year as part of this major initiative”.
University College Union (UCU) and Universities UK have appointed Joanne Segars to chair the joint expert panel to examine the valuation of the Universities Superannuation Scheme (USS).
The Pensions Regulator (TPR) was right to use its powers to seek financial support from ITV for members of the Box Clever pension scheme, the Upper Tribunal has said.
All 6,000 UK schemes had a surplus of £361bn by the end of last month when calculated under a best estimate return on their assets, according to First Actuarial.
Research highlights confusion about where responsibility to support members on transfers lies. Kim Kaveh looks at the key findings.