What were the biggest pension stories this week?
The top stories were Aon Hewitt withdrawing its standalone pension administration service and Xafinity eyeing up acquisitions as it revealed plans to float on the LSE.
1) Aon Hewitt to withdraw standalone pension administration service Aon Hewitt has announced it will no longer offer standalone pension administration services in the UK market. 2) Xafinity...
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The pensions industry in one word: What you said…
Professional Pensions asked its readers to describe the current state of the pensions industry in one word this week, eliciting a mix of predominantly gloomy adjectives.
Schemes ditch annuity brokers in favour of whole of market IFAs
Pension schemes are increasingly seeking to provide additional support to members at retirement through online modellers and regulated financial advice, Aon says.
Five news stories you may have missed this week
This week’s top stories included more details of PensionBee’s initial public offering and Just Group’s criticism of the effects of freezing the money purchase annual allowance.
Exclusive: ITM acquires Profund Solutions from Mercer
ITM has acquired the products and assets of Profund Solutions from Mercer.
