Aviva suffered a loss of £3bn in 2012 due to a £3.3bn writedown from the sale of its US business last year.
The group also slashed its final dividend by 44% from 16p to 9p per share and from 26p to 19p for the full year, a cut of 27%. Group chief executive officer Mark Wilson (pictured) said: "2012 was a...
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.