Aegon

Providers have said a charge cap on income drawdown, as proposed by Labour leader Ed Miliband, is "unnecessary" and a "solution to a problem that does not even exist".

Mike Crowe has been appointed trustee representative from Dalriada Trustees and will be based in Glasgow.

PP looks at what could be announced tomorrow

Aegon UK has estimated the charge caps for auto-enrolment business will cost it between £20m to £25m a year, as it reported a 30% rise in pre-tax earnings for the second quarter.

Friends Life is changing its charging structures to reflect a proposed ban on active member discounts (AMD).

Aegon has announced charge cuts to its One Retirement and Aegon Retirement Choices (ARC) solutions, following last month's Budget.

Insurers say they are struggling to set up independent governance committees (IGCs) for their contract-based schemes and hire suitable candidates due to a limited timeframe.

Pensions Minister Steve Webb has revealed that Department for Work and Pensions (DWP) officials met representatives of leading insurers 27 times over the last four months.

Almost a quarter of young people in Britain expect to retire by the age of 60, according to research from Aegon.

Barclays Corporate & Employer Solutions (C&ES) has unveiled its DC platform investment solution and launched a defined contribution (DC) consultancy practice.