PRUDENTIAL has outsourced a range of life and pensions sales and administration services to Capita Group in a three-year deal worth around £40m.
As part of the deal, Capita will deliver end-to-end support for Prudential’s UK life and pensions operations. Around 450 staff working in Prudential’s customer services, PruDirect, and support services...
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.