legal and general

Some 53 FTSE 100 sponsors made "significant" deficit recovery contributions (DRCs) to their defined benefit (DB) schemes over the year to 31 March 2018, according to JLT Employee Benefits.

The beleaguered Nortel Networks UK Pension Plan has entered into a £2.4bn buyout with Legal & General (L&G), insuring members' benefits nearly a decade after its sponsor collapsed.

A handful of industry heavyweights have begun trialling a so-called 'mid-life MOT', with positive initial results reported by all those involved.

Prudential has agreed an annuity referral partnership with Hub Financial Solutions as part of the provider's plan to widen the range of products and services available to its customers.

The Pensions and Lifetime Savings Association (PLSA) has appointed Emma Douglas as the inaugural chair of its newly-formed policy board.

In this week's Pensions Buzz we asked if, following the announcement that Smart Pension and Legal and General are developing the first default retirement pathway combining annuities and drawdown, other providers should follow suit.

Low income earners in the majority of master trusts are missing out on tax relief on their retirement savings due to a legislative technicality, according to research.

Legal & General (L&G) has been selected as provider of HM Civil Service's defined contribution (DC) schemes after a competitive tender process.

David Poulton, head of client services, at Legal & General Retirement, explains the company's collaborative approach both before and after the purchase of an insurance policy

Over three-quarters of investment managers are male, while over four in ten are white British, according to research by the Diversity Project.