Prudential has secured an additional 13% of sales in its retirement business, but corporate pension sales fell marginally from £286m to £275m.
The provider posted a £382m increase in individual pension sales, while income drawdown new business grew 16% to £1.2bn. Earlier this year, Professional Pensions revealed Prudential was in consultation...
Private pension wealth has grown to £6.1trn in the last decade up from £3.6trn, Office for National Statistics (ONS) data shows.
Self-employment may work well for those women who bear the brunt of childcare responsibilities, but this can leave them lacking in pension, insurance, and savings provision, says Laura Miller.
Jonathan Stapleton explains his fascination with numbers...
Phoenix Group has laid down a proposal to acquire rival life insurer ReAssure Group in a £3.2bn cash and shares deal.
This week’s top stories included KPMG selling its UK pensions practice to private equity-backed firm NewCo.