Friends Life has reported neutral asset flows into its corporate benefits platform despite staging over 40 schemes for auto-enrolment (AE), its interim results show.
The insurer's corporate benefit assets under administration (AUA) increased by £1.9bn to £19.7bn in the first six months of 2013, but this was all due to investment returns. The firm saw inflows of £1.1bn...
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.