A DECLINE in institutional sales helped drag down Aegon Scottish Equitable's pensions and asset management business's first quarter earnings, latest company results reveal.
Pre-tax earnings slipped 10pc from £42m in the first quarter of 2006 to £38m in Q1 2007. Aegon blamed a fall in scheme business and lower bond values for hitting otherwise strong growth. Its first...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).