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.
The firm said, in addition to the heightened need for "best in class pensions governance" arising from the stresses of the pandemic, it had seen increased work on bulk annuities and longevity swaps, including...
Professional Pensions asked its readers to describe the current state of the pensions industry in one word this week, eliciting a mix of predominantly gloomy adjectives.
Pension schemes are increasingly seeking to provide additional support to members at retirement through online modellers and regulated financial advice, Aon says.
This week’s top stories included more details of PensionBee’s initial public offering and Just Group’s criticism of the effects of freezing the money purchase annual allowance.
ITM has acquired the products and assets of Profund Solutions from Mercer.