The quality of data collected by Pension wise needs to be improved to see whether freedom and choice is working, the work and pensions committee has heard.
A panel of experts answered questions from the committee which is currently investigating the guidance and advice people receive at retirement. Witnesses said more statistics like those released by...
This week’s top stories included Aon findings that the number of defined benefit schemes employing a sole trustee model is expected to double by 2025, while Scottish Widows invested £2bn as the inaugural investor in BlackRock’s new climate fund.
Standard Life Aberdeen (SLA) saw its profits fall by a third in its first-half results as revenue fell, but redemptions from its strategies fell to the lowest level since the firm's blockbuster 2017 merger.
Pension providers need to look for more innovative ways to improve engagement with their employees, according to Aegon.
Phoenix Group has reported a £36m increase in group operating profit in the first six months of this year, as well as strong cash generation of £433m.
Aviva’s operating profit fell by 11% in the first half of the year as Covid-19 hit business activity, although a growth in bulk annuity sales partially offset the drop.