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....
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).