Prudential has seen a significant decrease in corporate pensions sales but said this is countered by a sales boost in individual annuities and with-profits.
Corporate pensions sales of APE £104m represented a 29% fall, with Prudential blaming "particularly high" figures in 2011 due to new defined contribution members joining schemes following the closure of...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.