CITIGROUP has established a European insurance and pension structured solutions group - a venture across its fixed income, equities and banking divisions.
The London-based team will provide tailor-made solutions for both corporate pension funds and insurance companies using its skills in capital raising, derivatives structured products and structured finance,...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.