Friends Life has announced the creation of a new in-house asset management business which will launch in the second half of 2012.
Friends Life Investments will be seeded with approximately £8bn of recaptured assets and will initially focus on fixed income, the group said. It will initially be run by chief investment officer,...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.