Aviva’s bulk purchase annuity volumes increased 55% to £4bn in the year to 31 December 2019 its full year results reveal.
The results - published today (5 March) - also revealed the insurer's new business profit increased to £506m over the year from £363m the year prior, which the firm noted was partly due to the £1.7bn partial...
The number of savers using information or guidance services such as Pension Wise is barely higher than three years ago despite efforts to promote the benefits, the Financial Conduct Authority (FCA) says.
This week’s top stories included Capita’s sale of its employee benefits business, while research from the Association of Consulting Actuaries found little support among employers for multiple pensions dashboards.
In a year of exceptional circumstances and getting to grips with new technology, the trustee meeting must go on – but not always to plan.
The onset of the pandemic dented asset valuations but it will take time to understand the true cost for defined benefit (DB) schemes.