FRIENDS PROVIDENT could sell its 53pc stake in F&C Asset Management following a strategic review of its business.
The life and pensions firm’s firm said it wanted to focus on the UK group pensions and vesting annuity markets – and would enhance profitability by ceasing to pay initial commission on new schemes and...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.