UK - Institutional investors have been told to expect ‘service as usual', despite a possible merger between Royal London Group and Royal Liver.
The two companies have entered into talks about combining their operations, although discussions were said to be at an early stage.
Gareth Evans, head of corporate affairs at Royal London Group, said institutional investors would not experience any difference in service should the merger go ahead.
Evans said: “Royal Liver overlap with us in some areas of our business and it would give us greater scale and a reduced cost base.”
Royal London Asset Management (RLAM) manages around £4.1bn of institutional pension assets.
Meanwhile, Scottish Life, which is a division of Royal London, manages around £1bn for Defined Benefit (DB) pension schemes.
RLAM also manages an internal pension scheme worth around £1.8bn.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers