The European Life Settlement Association has hit out at a surprise call from the American Council of Life Insurers for policymakers to ban the securitisation of life settlements but the two trade bodies will back a joint roadshow in February to discuss the issue with the industry.
Life settlement-backed investments - which turn US life insurance policies into tradable assets - have expanded rapidly as a result of the financial crisis, as investors have sought predictable returns...
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