LV= has said it will not launch into bulk annuities this year so that it can focus on its core strategy, but remains interested in the market.
The company had been eyeing up bulk annuities and was expecting to enter the market this year, focusing on buy-ins rather than buyouts. As LV= published its full-year results on 14 March, a spokesperson...
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
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.