Phoenix Group completed £2.5bn of buy-ins and buyouts over the course of 2020, including a bulk annuity deal with one of its own schemes.
In its annual results published today (8 March), the insurer said it had also seen record cash generation of £1.7bn, up by £1bn compared to 2019, while operating profit rose by around £400m to £1.2bn....
Professional Pensions’ Women in Pensions Awards is returning this October and now open for nominations.
The industry needs to proceed with caution when giving members’ the illusion they have voting rights on the shares in their pension scheme, PTL says.
Three industry veterans have formally launched a dedicated Professional Corporate Sole Trustee (PCST) firm in a bid to capitalise on growing demand in the area.
The Pensions Management Institute (PMI) has accredited 20 Punter Southall Governance Services (PSGS) trustees under its professional trustee accreditation programme, Aptitude.
Trustees receive a huge amount of guidance, but is it all useful? Holly Roach reports.