UPDATED: Aon abandons merger talks with Willis Towers Watson
Aon has confirmed it will not make an offer for Willis Towers Watson after "preliminary" discussions with the global consultant.
In an announcement made under Irish regulatory requirements, the firm had confirmed reports, initially made by Bloomberg, that it was at a "preliminary stage" of evaluating the possibility of the amalgamation...
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Law Debenture posted £11.5m of revenue in its pension business in 2020, growth of 8.3% on the prior year, with its governance service receiving enhanced activity.
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This week’s top stories included a legal challenge over the government’s Retail Prices Index realignment, while British Airwards deferred £450m in deficit recovery contributions.
PLSA: Most pension tax reforms will leave things worse and schemes at risk
Most reform options for pension tax will leave many savers with smaller pots and cause substantially more costs for schemes and employers, says the Pensions and Lifetime Savings Association (PLSA).
Scottish Widows adds 289,000 members to build workplace market presence
Scottish Widows’ workplace pension assets hit £68bn at the end of 2020, comprising almost half of its total £113bn of open book assets under administration.
CMI: Excess deaths beginning to fall
The number of deaths registered in England and Wales for week six of 2021 was 27% higher than expected, down from 52% higher than expected in week five of the new year.
