NEW LIFE AND PENSIONS business is being massively overstated as insurers fail to account for people switching between providers, Higham Dunnett Shaw says.
The oursourcing and consulting firm said that its research indicated that for every £1 of new single premium business reported by life offices, at least 70p is being lost as a result of investors switching...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point