Royal London new life and pensions business was up 18% to £989m in the first quarter of the year, with group pensions benefitting significantly from auto-enrolment.
The mutual said group pensions sales were up 65% to £443m, individual pensions were up just 1% to £282m and drawdown was up 29% to £146m. The company said annuity sales had dropped 3% but this was offset...
Aviva has pledged to have net-zero carbon emissions across all of its investments by 2040.
The Financial Conduct Authority (FCA) was made aware of concerns about Neil Woodford's investment strategy at his fund management business back in 2015, but did not act until nearly two years later, according to reports.
Trustees must understand their starting position on ESG integration in order to set meaningful targets, says Lucy Tusa.
PGIM Investments has expanded its ESG offering with the launch of a total return UCITS bond fund.
Professional Pensions rounds up some of the latest tender awards from across the industry.