German industrial insurer HDI-Gerling has hired Friends Provident to provide a group stakeholder scheme for its UK staff.
The new scheme replaces the firm's current group personal pension plan provided by Aviva and comes after the company closed its final salary scheme. The Friends Provident plan provides UK employees...
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MPs failed to place legislation into the Financial Guidance and Claims bill that would have made pension guidance default, which Just Group director Stephen Lowe said left a "bitter taste".
Aegon has called for the government to double the tax exemption on employer-arranged pension advice, up from £500 to £1,000.
Institutional investor confidence in Europe rose by 8.9 points in April with each region showing growing appetite for risk, according to State Street Global Exchange.