Aegon has sold the final third of its UK annuity portfolio to Legal & General (L&G) as part of its strategy to free up capital from non-core business.
The purchase consists of £3bn of Aegon's annuity book including around 27,000 policyholders, after it sold £6bn of the portfolio to Rothesay Life in April. Under the terms of the agreement Aegon will...
The founder of Pensions Actuary Services and former Buck chief actuary Mark Stocker has died.
The top stories this week included articles on LCP’s warning that trustees will need to be corporate finance experts under new TPR powers, Livingbridge’s sale of Broadstone to Intermediate Capital Group, and the final approval of the Pension Schemes Bill....
Tender Watch: GMC scheme reappoints Aon; Homes England hires Hymans; Civil Service appoints NTT Data for CSPS and RMSPS schemes
Professional Pensions rounds up some of the latest tender awards from across the industry.
The Institute and Faculty of Actuaries’ (IFoA) Actuarial Research Centre (ARC) has published a report considering the judgement and decision making by pension trustees.
The Universities Superannuation Scheme (USS) trustee board has warned investment returns will be lower in the future than expected as it edges closer to concluding its 2020 valuation.