SALES of life and pension products hit record levels in the second quarter, latest figures from the Association of British Insurers show.
Sales of both regular and single premium individual pensions increased significantly and overall new business rose to £3.6bn on an annual premium equivalent basis. Individual pension new business increased...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.