The proposed personal accounts framework could be used to provide inexpensive life cover for workers currently part of a £2.3trn protection gap, Friends Provident says.
Chief executive Trevor Matthews said the UK should look to the Australian superannuation model which combines pension and life cover. He said such a move would help reduce the current £2.3try protection...
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