SCOTTISH Widows chief executive Archie Kane has been appointed as the new chairman of the Association of British Insurers.
The appointment was made on July 18, with Kane succeeding Keith Satchell, who had come to the end of his two-year term. Kane said: “It is a great honour for me to become chairman at this exciting time...
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.
The lifetime allowance will rise to £1,054,800 from April next year as the Office for National Statistics (ONS) recorded inflation at 2.4% in the year to September.
The national procurement frameworks for the Local Government Pension Scheme (LGPS) has been expanded to include member data services.
The government is seeking ways to ensure "parity" of compensation treatment between Financial Assistance Scheme (FAS) members from solvent and insolvent schemes.