THE LIFE and pensions industry is losing billions of pounds through policies being cancelled early, a new report reveals.
Accountant KPMG estimates the industry lost £4bn in 2004 from early cancellations and more than half the total money paid out was to customers surrendering their policies before they reached maturity....
Partner Insight: A fiduciary management approach gives trustees a richness of information you can't get with a standard adviser approach, especially in times of market uncertainty, explain Russell Investments' David Rae and Paul Wharton
The PPI has unveiled a policy paper outlining current considerations and policy debates relevant to DC scheme default strategies. Kim Kaveh explores some of its views.
The £30bn local government pension pool has appointed Quoniam and Robeco to manage an active equity portfolio worth around £400m.