Resolution has dismissed claims by minority shareholder Pearl Assurance that the proposed merger with Friends Provident is poor value.
Under the proposed all-share merger, the newly-named Friends Financial will have just under 10 million customers; a combined embedded value of £7.9bn; assets under management of £165bn and a combined operating...
The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.
Caroline Rookes CBE and Michele Hirons-Wood have joined The Pension Superfund's board of trustees to focus on maintaining governance standards and safeguarding member benefits.
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.