Insurer re-enters market to secure the benefits for the members of two schemes
Mansion House Compact could ‘unlock’ £50bn of capital from DC funds by 2030
PP brings together all the people moves in the pensions industry over the past week
PP brings together all the people moves in the pensions industry over the past week
LGBT Great reveals the first six financial services firms that have succeeded
Schroders spent months exploring a possible bid for M&G to create a UK fund house with over $1trn in assets under management, according to reports.
Asset managers representing $22.8trn (£16.5trn) of assets under management (AUM) have joined the Net Zero Asset Managers initiative, bringing the total number of signatories to 73.
This week’s top stories included Capita’s sale of its employee benefits business, while research from the Association of Consulting Actuaries found little support among employers for multiple pensions dashboards.
The Court of Appeal has overturned a High Court ruling which blocked the transfer of a £12bn annuity book from Prudential, now M&G, to Rothesay.
The Prudential Staff Pension Scheme has entered into a £3.7bn longevity swap with Pacific Life Re, insuring the longevity risk of over 20,000 pensioners.