Five stories you may have missed this week
This week’s top stories included Aon telling the industry there was no excuse for stalling implementation of GMP equalisation, despite further guidance being needed on tax.
Also, The Pensions Regulator updated its defined benefit transfer guidance for trustees, and Aviva announced a new retirement division as part of a simplification project. 1) ‘No excuse' for industry...
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Phoenix Group looks to acquire rival ReAssure for £3.2bn
Phoenix Group has laid down a proposal to acquire rival life insurer ReAssure Group in a £3.2bn cash and shares deal.
Five stories you may have missed this week
This week’s top stories included KPMG selling its UK pensions practice to private equity-backed firm NewCo.
KPMG sells UK pensions practice to private equity house
KPMG has signed a conditional agreement to sell its UK pensions practice to private equity-backed firm NewCo.
TPR enforcement increases by more than 25% but debt recovery rate remains low
The Pensions Regulator’s (TPR) enforcement actions increased by more than a quarter over the last year but the recovery rate against all recoverable debt sat at just 30%, according to law firm Clyde & Co.
