News

Aviva has proposed to buy rival insurer Friends Life in a deal worth £5.6bn which will see the companies merge.

Labour has urged the government to ensure none of the 320,000 savers expected to take advantage of pension freedoms are exposed to "rip off charges".

The widely used AUM fee model only suits asset managers

Defined benefit trustees believe managing investment risk will present them with the biggest challenge next year, according to PP research.

Research carried out by PP has found that defined contribution (DC) trustees think communicating the Budget flexibilities to members is their biggest challenge next year.

National Association of Pension Funds chief executive Joanne Segars has been re-elected as chairman of PensionsEurope.

The Pensions Regulator (TPR) has shut down a group of five pension liberation schemes that had taken more than £134m from over 1,400 people.

There will be 8,676 intra-employer transfers between defined benefit (DB) and defined contribution (DC) schemes each year as a result of additional DC freedoms, according to a government impact assessment.

The biggest stories on PP this week involved controversy over the LGPS, an overhaul at Santander's scheme, a new chief exec at TPR, and a PPF sell off. Here are the top five.

The proportion of Department for Business, Innovation and Skills (BIS) employees who participate in payroll giving has fallen by half a percentage point in almost two years.