News

Jonathan Stapleton looks at how to improve decumulation decisions

David Cameron faced accusations during Prime Minister's questions today from a Conservative MP over the negative effect auto-enrolment into pensions will have on small businesses.

The government has today detailed plans on how the state pension age will rise to 66 by 2020.

US - The state of Oregon is suing the former Bear Stearns for allegedly misleading investors, including the state's pension fund, in mortgage-backed securities.

US - Funded status of US pension plans increased to 80.3% at the end of October, BNY Mellon Asset Management finds.

UK - Aviva's decision to close its final salary scheme will benefit the company's net asset value by about £275m ($442.6m), figures show.

NORWAY - Norges Bank Governor Svein Gjedrem signaled his opposition to removing Norway's $520bn oil fund from the central bank after a Cabinet minister suggested the fund's size may require putting it under new management in future.

Aviva's decision to close its final salary scheme will benefit the company's net asset value by about £275m, figures show.

Andrew Moss still has work to do at Aviva; Aviva targets £400m savings as sales rise; Standard Life growth led by SIPPs and wraps

Total life and pensions new business across Royal London increased 26% to £2.3bn in the nine months to the end of September.