A second bulk annuity has been agreed for the Kingfisher Pension Scheme. Victoria Ticha speaks to the trustee about this next step in its journey towards self-sufficiency
Aon has appointed Emma Adair to lead client service for its UK investment team.
The Competition and Markets Authority (CMA) has published three working papers as part of its probe into investment consultants and fiduciary managers - saying it has no concerns over concentration in these markets.
The Kingfisher Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), covering around £200m of liabilities for 400 pensioner members.
Investment and law firms have the highest median gender hourly gender pay gaps out of nearly 100 pension-related firms reporting, James Phillips writes.
Low income earners in the majority of master trusts are missing out on tax relief on their retirement savings due to a legislative technicality, according to research.
The CMA's latest working paper finds trustees are very likely to choose their existing investment consultant for a fiduciary management mandate without third-party advice, James Phillips reports
Three years after Freedom and Choice, many default funds still have not moved away from targeting annuity purchase. This could have unintended investment risks for members, writes Victoria Ticha
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.
Prudential has sold £12bn in annuity assets to reinsurance business Rothesay Life as part of its M&G demerger announced today.