Standard Life's 2012 corporate pensions platform profits are up but increases in new business have fallen from 2011 levels, its final year results show.
Corporate pensions business resulted in £88m profit for the firm last year, accounting for 23% of total profit. It generated £49m in 2011. It secured 137 new clients over the year, resulting in 118,500...
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.
This week's top stories included coverage of the much-anticipated defined benefit (DB) white paper and the sector's reaction.