Solution will provide ‘secure and compliant’ way to deploy surplus capital
Proposes regime for digital pension planning tool and providing savers with info in ‘single, coherent’ package
Transaction was completed using Aviva’s Clarity solution and secures the benefits of 51 members
Transaction secures the benefits of 4,500 pension scheme members
Deal will see WTW take on 85% stake from NatWest and remaining 15% from Cushon’s management
Regulator says administration is ‘fundamental’ to good saver outcomes
Asset transfer takes Smart Pension AUM to more than £9.3bn
The three transactions are structured as insurance policies with Rothesay Life
Regulator launches initiative to explore approach of schemes to investing in growth assets
Office will be occupied by experts from risk, pensions, investment, and insurance services