Scottish Widows

Scottish Widows and Standard Life recently completed the industry's first two automated bulk transfers of occupational schemes. Michael Klimes examines how automation reduces risks

This week's top stories include Scottish Widows buying Zurich's £15bn pension business, and Now Pensions appointing Dalriada Trustees to its trustee board.

Lloyds Banking Group has agreed to acquire Zurich's UK workplace pensions and savings business, which has assets under administration of more than £15bn and around 500,000 customers.

The Cabinet Office has named Legal & General as the preferred provider for the civil service's defined contribution (DC) scheme.

This week's top stories were a ransomware attack on TPR, and the new pensions minister being urged to tackle outstanding policy issues.

Trustees of the Monsanto Pension Plan have agreed a £100m buy-in, protecting benefits for around 150 pensioners.

A second round of IGC reports show most charges have been brought down, but transaction costs remain hard to pin down. Michael Klimes looks at the key findings

Scottish Widows' independent governance committee (IGC) has said it is encouraged by the provider's "progress" in delivering value for money.

De-risking deals hit £10.2bn last year thanks to a busy second half as concerns over Solvency II waned, according to Lane Clark & Peacock (LCP).

Aon has strengthened its defined contribution (DC) product team with two senior hires.