Aviva has posted an increase of 11% in life and pensions sales, its preliminary 2008 results reveal.
The firm said long-term savings sales rose 1% to £40.2bn, with life and pensions sales increasing by 11% to £36.3bn. However it said investment sales had fallen by 43%. Life new business margins fell...
Mark Evans has been appointed as a director at Independent Trustee Services (ITS) to lead trustee appointments in London.
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor, H.I.G. Capital.