InsureTech

mmob Adds New Partners to Open Finance Network

Open finance partnership platform, mmob, has announced the addition of a wave of new partners to its open finance network. Including prominent brands such as PensionBee, Upside, and Glint Pay, the latest signings enable banks and […]

News

Legal & General Agrees Buy-In With Selecta Pension Fund

Legal and General Assurance Society Limited (“Legal & General”) today announces that it has agreed a £250m buy-in transaction with the Selecta UK Pension Plan (“the Plan”) securing the benefit payments of approximately 1,000 pensioners […]

UK Insurance Trends

Having a Good Pandemic? 9.5m Of Brits Are Better Off

Research from pensions and retirement specialist LV= highlights how the finances and emotional wellbeing of UK consumers continues to improve as we approach the end of Covid restrictions. The latest LV= Wealth and Wellbeing Monitor […]

News

L&G Buys A Slice of CAA Pension Scheme

Legal & General Assurance Society Limited (“Legal & General”) today announces that it has agreed a c.£110 million buy-in transaction with the CAA Section of the Civil Aviation Authority Pension Scheme (CAAPS) (“the Scheme”). This […]

News

L&G Buy Into Deutsche Bank Pension Scheme

Legal & General Assurance Society Limited (“Legal & General”) today announces that it has agreed a £570 million pensioner buy-in transaction with the DB (UK) Pension Scheme (“the Scheme”). The Scheme is sponsored by a subsidiary of Deutsche […]

Insurance & Reinsurance

MetLife Completes Reinsurance Transactions With L&G

Metropolitan Tower Life Insurance Company, a subsidiary of MetLife, Inc. (“MetLife”), announced it has completed four United Kingdom longevity reinsurance transactions with Legal & General Assurance Society Limited (“Legal & General”) in 2020. “Legal & […]

Insurance Regulation

FCA Update on LJ Financial Planning: SIPPs Breaches Result in Fine

LJ Financial Planning (LJFP), an independent financial advice firm, has been fined for providing its customers with unsuitable pension switching and transfer advice and failing to manage its conflicts of interest. Between March 2010 and December […]