Aegon is withdrawing from the bulk annuities market with immediate effect as part of a restructure of its UK life and pensions business.
The insurer said it was withdrawing from the bulk annuity market because increasing price competition meant the business was not hitting profitability targets. It said it would take significant steps...
Salvus Master Trust has launched a new product in a bid to help firms remove the cost of administering the pots of deferred and legacy trust-based defined contribution (DC) members.
Plans to invest more than £3bn in strategic initiatives
Industry experts are calling on the government to act quickly on new pensions dashboard legislation. The DWP is looking at how to do it amid Brexit constraints, writes Kim Kaveh.
An interactive and hands-free technology that allows savers to track how much they have invested into their retirement pots has been launched by Smart Pension.