Aegon is pulling out of the UK group risk market. The firm closed to new group life, group income protection and group critical-illness business on Tuesday.
Aegon is pulling out of the UK group risk market.
Have the decisions taken by Barclays and BP this week, to throw in the towel on final salary pensions, marked the beginning of the end of top-quality private sector schemes?
Once key drivers of the American economy, the bankruptcies of General Motors (GM) and Chrysler may cost a quarter million people their jobs and hit the country hard.
The Financial Services Authority head of retail investment policy Rory Percival has challenged advisers for the way wrap charges are passed on to the consumer.
Ryan Medlock, Investment Proposition Manager, Royal London Royal London Asset Management’s (RLAM) new head of multi-asset is officially up and running. I want to look at what expertise Trevor brings to the table and how this affects the Governed Portfolios (GPs) and Governed Retirement Income Portfolios (GRIPs). Trevor Greetham joined RLAM in April 2015 from […]
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It is likely the increased regulatory scrutiny on fund managers’ value could filter down to advice firms in the future In my last article, I considered the influence a non-executive director could have in challenging an advice firm’s business model in light of the pension transfer issues. Now, in its asset management market study final […]
The financial services industry has failed to find ways of nudging consumers to think about their options at retirement, despite three years of pension freedoms. A panel at the Association of British Insurers retirement conference today lamented the way companies talk to people about pensions and the lack of engagement it inspires. ABI director general […]
The new chief executive of the single financial guidance body can expect a salary of £175,000 a year, according to a job advert posted online. The advert, posted on the Cabinet Office website says applications will close in mid-May with final interviews held in early July. The date for announcing the successful candidate has not […]