UK - Norwich Union will maintain the current bonus rates and payouts on its with-profits funds until January 2005.
The firm – part of insurance giant Aviva – said the decision to hold the regular and final bonus rates on conventional and unitised with-profits policies followed a review which began in January.
Payouts on conventional and unitised policies will also remain at current levels.
Errors in the Competition and Markets Authority's (CMA) data analysis make its provisional decision on the investment consultants market investigation "flawed", and lacks an "adequate evidential basis" to impose remedies, Mercer has said.
Environmental, social and governance (ESG) issues could be the key to greater engagement with members if the power of investments is communicated well, says Emma Douglas.
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.