Aviva is to cut more than 6% of its global workforce with 2000 roles across the UK, Europe and Asia being made redundant.
Employees at the insurer were informed today that the roles will be reduced over the next six months. In a bid to see off a repeat of past criticism over its handling of its redundancy programme,...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.