BULK annuity business flows are set to be below estimates in the fourth quarter, Paternoster says.
The insurance firm reported a 23pc increase in third quarter new business and said total assets transferred had increased by 557pc in the last 12 months. It said transactions with TG Group and The Pensions...
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MPs failed to place legislation into the Financial Guidance and Claims bill that would have made pension guidance default, which Just Group director Stephen Lowe said left a "bitter taste".
Aegon has called for the government to double the tax exemption on employer-arranged pension advice, up from £500 to £1,000.
Institutional investor confidence in Europe rose by 8.9 points in April with each region showing growing appetite for risk, according to State Street Global Exchange.