PRUDENTIAL could be usurped as the UK's leading annuity provider following Canada Life's "aggressive" move into the market, The Annuity Bureau believes.
Its latest figures show Canada Life as the top provider for single life annuities for women and joint life, and single life annuities with Retail Price Index escalation for women and joint life annuities...
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how