This week’s top stories included Aon findings that the number of defined benefit schemes employing a sole trustee model is expected to double by 2025, while Scottish Widows invested £2bn as the inaugural investor in BlackRock’s new climate fund.
The number of defined benefit schemes employing a sole trustee model is expected to double over the next five years, according to an Aon poll of the sector.
Scottish Widows has invested £2bn of pension fund assets to become the inaugural investor in BlackRock's authorised contractual scheme Climate Transition World Equity Fund.
Legal & General has agreed a deal with PensionBee that will see its retirement income business provide annuities to the online pension provider's customers.
NHS Pension Scheme members in England and Wales have been given a further six months to take advantage of the voluntary scheme pays process for the 2018/29 deadline.
The reconciliation and rectification sub-committee of the Guaranteed Minimum Pension Equalisation Working Group has published guidance on communicating with members.
Standard Life Aberdeen (SLA) saw its profits fall by a third in its first-half results as revenue fell, but redemptions from its strategies fell to the lowest level since the firm's blockbuster 2017 merger.
Phoenix Group has reported a £36m increase in group operating profit in the first six months of this year, as well as strong cash generation of £433m.
Aviva’s operating profit fell by 11% in the first half of the year as Covid-19 hit business activity, although a growth in bulk annuity sales partially offset the drop.
Coronavirus Blog: Scottish Widows extends easing of annuities applications; How to build cashflow strategies amid the pandemic
In this live blog, Professional Pensions brings together all the latest news on the industry's response to the coronavirus pandemic, as well as regulatory and legal updates.
The latest update from the Continuous Mortality Investigation (CMI) for week 30 of 2020 shows a sixth successive week of recovering death rates amid the coronavirus pandemic.