Strong bulk annuity sales have helped plug losses incurred in Prudential's individual annuity business, its half-year results show.
The insurer said there has been "considerable disruption" to retail annuity sales in the wake of the Budget 2014, with its own sales down 43% to £63m. Its UK profits were buoyed by four bulk annuity...
This week’s top stories include Prudential Retirement urging schemes to insure member benefits, and the Universities Superannuation Scheme submitting its 2018 valuation.
Legal and General (L&G) Retail Retirement has agreed an introducer agreement within its retirement income division to provide annuities to Prudential customers with guaranteed rates.
Incisive Media, the parent company of Professional Pensions, has launched the inaugural Women in Investment Festival.
This week's edition of Professional Pensions is out now.
Nick Greenwood – the former manager of the £2.2bn Berkshire Pension Fund – died earlier this month.