Responding to the Treasury’s consultation on early access, the Investment Management Association says rather than increase participation and contribution levels, early access could result in unintended consequences such as greater complexity and...
But the PMI and group risk sectors are expected to be largely unaffected by the change because they usually underwrite on unisex grounds.Pension experts are warning that annuity rates will be overall...
IBM is the first of 10 blue chip clients signed up to Lifeline to go live in 2011, with Standard Chartered Bank also adopting the system soon. That development is a product...
Aviva is offering total reward statements alongside group personal pensions. The provider is offering employees an online personal statement of their benefits package including salary, bonus, pension, medical insurance, health screening, life...
By 2015-16, the taxpayer will have to contribute more than £10 billion a year to make up the difference between pension contributions and pensions in payment in the public sector says Michael...
Pension scheme trustees are paying high fees to investment managers without necessarily seeing corresponding improvements in fund performance, according to LCP’s latest Investment Management Fees Survey 2011.LCP’s report compiled responses from leading...
The world’s first longevity index hedge against increases in life expectancy for a pension plan’s non-retired members has been completed, says Mercer, which advised on the transaction.The Pall (UK) fund is paying...
Unum is aiming to grow the UK group risk market by making income protection, life and critical insurance cover more accessible to UK workers and by launching an online quote system for...
The Association of Medical Insurance Intermediaries (AMII) has condemned the proposed 57 per cent increase in this year’s Financial Services Compensation Scheme (FSCS) levy on its members as unfair, excessive and totally...
Paul McMahon is moving to Aegon UK to take up the role of group marketing director, leaving Friends Provident just six months after joining the provider as managing director, UK corporate.McMahon will...
