UK - Winterthur Life has seen first half sales of defined contribution products soar to £9m - a 169% increase on the same period last year.
Winterthur reported group stakeholder sales of £5m during the first half, a 261% increase on last year.
Overall, the firm said that it had seen “strong growth” in new insured single premium pensions business through independent financial advisers in the first half, up 21% to £329m on the same period last year.
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.