JLT Benefit Solutions is to take over the running of Aegon's £710m portfolio of defined benefit schemes as the firm continues its rapid expansion.
The arrangement will see around 100 staff transferred to JLT early next year to deal with the portfolio which covers approximately 25,000 members. JLT chief executive Duncan Howarth (pictured) said...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.