Friends Life has launched today with five million customers across the pensions, investment and insurance markets in the UK.
The newly created provider brings together the UK operations of Friends Provident and the life assurance businesses from Bupa and Axa UK (PP Online24 June 2010). Friends Life said it will offer financial...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).