STANDARD Life has joined the FTSE100 as the UK's fifth biggest insurer.
The former mutual listed on the London Stock Exchange today at an initial price of 230p per share, valuing the company at £4.6bn. Its share price rose by 5pc during the first few hours of trading....
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.