LIFE and pension firms have posted strong first-half figures on the back of business growth fuelled by April's tax simplification changes.
Aegon UK reported a 61pc increase in its group pensions business to £212m, while new individual pensions business rose 94pc to £148m. Its self-invested personal pensions business more than doubled to £71m....
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.