LV=
LV= retirement sales down as DB transfer activity drops
LV= has seen a drop in sales for its retirement solutions products as defined benefit (DB) transfers dwindled, its half-year results have revealed.
UK Pensions Awards 2018 - The Winners
Here they are - the winners of the UK Pensions Awards 2018...
Aegon appoints ex-LV= head as chairman
Mike Rogers, the former chief executive officer (CEO) of LV=, has been appointed as non-executive chairman of Aegon UK.
Labour backs collective DC to give certainty and control to savers
Labour will call for collective defined contribution (DC) schemes in order to protect savers against longevity risk and costs, the party has announced.
Just one fifth of DB members have enough confidence to transfer
Only a fifth of defined benefit (DB) members believe they can make an informed decision to transfer out of their scheme, a survey has revealed.
LV= removes pension exit charges
LV= has removed all pension exit charges from its products, allowing customers to switch to other providers without incurring a fee.
Three in ten will not seek advice about DB transfers
Nearly half (45%) of defined benefit (DB) members approaching retirement do not feel informed enough to decide whether to transfer their pension, a survey has revealed.
Building pension dashboards: The challenges ahead
A pension dashboard prototype will be launched by March 2017. Jonathan Stapleton and Helen Morrissey find out what the project is all about.
Pensions dashboard: A high-profile flop or the start of a pensions revolution?
The government has announced a pensions dashboard will be launched by March next year. But, as Jonathan Stapleton says, the prototype version will have significant limitations and will need to overcome a range of hurdles.
Pension dashboard 'ready by spring', says Treasury
A pension dashboard prototype will be launched by 11 providers next spring, the Treasury has said.
LV='s chief executive to step down
LV= chief executive Mike Rogers has announced his intention to step down after ten years in the role.
Equiniti expands pensions team
Stuart Tragheim and Andy Milburn have been hired by Equiniti to grow its client base among life and pension providers.
How will the JRP merger affect the medically underwritten market?
PP looks at how the Just Retirement and Partnership merger could impact market competition.
LV= delays entering bulk annuity market
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.
People's Pension to offer members low cost online advice through LV=
A low cost online advice and guidance service for members approaching retirement is due to be launched in April by B&CE, provider of The People's Pension, through Liverpool Victoria (LV=).
Bulk annuity pricing 'less predictable' due to volatility and Solvency II
Short-term bulk annuity pricing has become less predictable due to volatile market conditions and insurers adjusting to Solvency II, according to Aon Hewitt.
LV= enters corporate pensions market with DB service
LV= is launching a toolkit intended to help members in defined benefit schemes (DB) understand their options at retirement in light of freedom and choice.
LV= trials Treasury-backed pension passport scheme
Insurer LV= is trialling a pension passport scheme in place of traditional retirement wake-up packs to boost client engagement.
Providers will revisit drawdown charges after 'race to the bottom', says LV=
Providers who have cut drawdown charges in the run-up to April 6 to "grab market share" will revisit their decisions in the months to come, suggested LV=.
Politicians and providers back 'pensions passport'
Online register idea touted as ‘win-win’
Advisers report surge in demand for 'blended' retirement products
Three quarters of advisers say clients are considering blended pension solutions as a result of the Budget retirement income reforms, according to a poll from LV=.
LV= appoints head of portals for retirement solutions
LV= has appointed Jon Pocock as head of portals and integration for its retirement solutions business.
Retirement incomes fall below minimum wage
The income for the average retiree is almost 24% less than the minimum wage as pensioners experience an income drop of 66%, according to research.
Women face two-thirds income drop at retirement
Women typically receive just £126 in weekly retirement income, which is an income drop of 68% from when they were in the workplace, according to LV=.
