Aegon

The volume of bulk annuity deals written in the first half of 2016 was 40% smaller compared to the previous year, according to Aon Hewitt.

Stephen Crosbie has been promoted to protection director at Aegon UK.

The secondary annuities market will only work if the Financial Conduct Authority (FCA) puts in place adequate protections to prevent consumers being ripped off.

Aegon has called for the introduction of triggers for automatically increasing pension savings to tackle the issue of people not contributing enough.

Everyone should be offered the option to draw their state pension earlier than the default age at reduced cost, according to Aegon.

Aegon has sold the final third of its UK annuity portfolio to Legal & General (L&G) as part of its strategy to free up capital from non-core business.

Last week's Queen's Speech contained a long awaited Pensions Bill to toughen up master trust regulation and plans to streamline the delivery of guidance. Helen Morrissey looks at whether these measures will adequately address problems within the market...

The new pensions bill will cap early exit fees charged by trust-based occupational schemes in a bid to remove "unreasonable barriers" to accessing pension freedoms.

Aegon has agreed to purchase BlackRock's defined contribution (DC) platform and administration arm, increasing its platform-based workplace savings business to £30bn.

The number of savers on the right track to receive their desired pension income has increased to 12% from 7% a year ago according to research from Aegon.