Standard Life's 2012 corporate pensions platform profits are up but increases in new business have fallen from 2011 levels, its final year results show.
Corporate pensions business resulted in £88m profit for the firm last year, accounting for 23% of total profit. It generated £49m in 2011. It secured 137 new clients over the year, resulting in 118,500...
PFI’s retirement business, also known as Prudential Retirement, is expanding its global longevity reinsurance business with an offering driven by growth in the UK pensions market.
Professional Pensions is looking to speak to a number of member-nominated trustees.
This week’s top stories included a ruling for a convicted trustee to return £292,000 in stolen pension funds, while the long-awaited timeline for the pensions dashboard was announced.
A convicted fraudster has been ordered to repay £292,000 which he transferred from savers’ pension pots and funnelled into businesses he part-owned.