The bulk annuity market enjoyed a brisk start to the year according to consultants and providers, with £876m of transactions completed in the first quarter.
Research from Barnett Waddingham suggested the market was up almost 80% compared to the same period last year when £492m of business was completed. Barnett Waddingham senior bulk annuity consultant...
This week's top stories included the 'Buck' name being revived as Conduent sold off the HR consulting business to a private equity investor.
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.