LEGAL & General is to broaden its capabilities in the bulk annuity market amid greater competition from new players such as Paternoster and Synesis Life.
Managing director of annuities Simon Gadd said the insurer was in the early stages of looking at how to target open final salary schemes and leveraging its capabilities by teaming up with banks and reinsurers....
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives.
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.