Aviva

Aviva and Hargreaves Lansdown have proposed an alternative system to pot follows member in which members' pensions do not transfer when they move jobs, but their new employers pay into their old schemes.

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Aviva has posted its weakest quarter for new business in 15 months for its UK life and pensions arm, as restructuring continues at the insurance giant.

The Local Authority Pension Fund Forum (LAPFF) is continuing pressure on executive pay by opposing remuneration reports at Aviva and BAE Systems.

The bulk annuity market in 2012 was dominated by three big players, who hoovered up more than three quarters all new business according to research from Aon Hewitt.

Providers have made preparations to deal with auto-enrolment’s busiest period. Rachel Dalton reports

Aviva is to cut more than 6% of its global workforce with 2000 roles across the UK, Europe and Asia being made redundant.

Insurers expect to write more than £6bn of buyout and buy-in business in 2013 after a strong finish to 2012 saw £1.5bn in transactions, says JLT Employee Benefits.

Newspaper group Trinity Mirror has almost quadrupled the amount of de-risking insurance contracts it holds as discount rate falls increased its deficit, its final year results show.

Aviva has scrapped plans to add a group ISA and group SIPP to its employee benefits platform, Work:Life.