It’s another pension buy-in deal for L&G, here’s the word; Legal & General Assurance Society Limited (“Legal & General”) today announces it has completed a £1.8 billion buy-in with the Trustees of two pension schemes […]
UK Chancellor Jeremy Hunt has announced new private pension scheme reforms, with one key element being a voluntary contribution towards fast growing UK businesses. Will it work in long term, pension scheme profitability terms, or […]
The issue of workplace pensions is a tricky one. Many younger people are now convinced that they don’t need a pension, because the State will take care of them in later life. They have a […]
Latest news from the FCA; The Financial Conduct Authority has banned Denis Lee Morgan of Pembrokeshire Mortgage Centre Limited (in liquidation) (PMC) from advising any customers on pension transfers and pension opt outs, and from […]
The latest update to the CMI Mortality Projections Model for 2022 make interesting reading for anyone working in Life and critical illness insurance. The impact of the pandemic and the vaccine rollout is plain to […]
The Financial Conduct Authority (FCA) has censured Lighthouse Advisory Services Limited (Lighthouse) for the unsuitable advice given during the period 1 April 2015 to 30 April 2019 to people looking to transfer out of defined […]
The Royal London Mutual Insurance Society Limited (Royal London), the UK’s largest life, pensions, and investment mutual has announced it has reached an agreement with Aegon UK to acquire its individual protection line of business, […]
The extension of collective defined contribution (CDC) pensions schemes will be a positive development as long as there are sufficient protections to ensure the new types of CDC schemes have robust designs and high quality […]
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