The secondary annuities market will only work if the Financial Conduct Authority (FCA) puts in place adequate protections to prevent consumers being ripped off.
In a number of responses to the FCA's consultation which closed on 21 June, several organisations warned the regulator must do more to ensure people do not get a bad deal when selling their annuities....
The restructuring division of KPMG, including its employer covenant team, will be acquired by H.I.G Europe.
Aviva secured record net flows of £8.5bn into its saving and retirement products in 2020, while bundled workplace assets under management grew by 14% to £81bn, its annual results reveal.
Nigel Peaple sets out the PLSA's focuses for the year ahead.
Chancellor Rishi Sunak has confirmed that the pensions lifetime allowance will be frozen at its current rate until 2026.
Tender Watch: Access appoints Minerva for RI review; National LGPS Frameworks launches global custody solution
Professional Pensions rounds up some of the latest tender news from across the industry.