Prudential

Early exit charges for members wanting to access their pot at age 55 will be capped at 5% according to Standard Life.

Legal and General (L&G) has not followed its competitors to take action on early exit fees, despite agreeing to reduce legacy charges by £1m.

The first chairman's report from Zurich's independent governance committee (IGC) reveals it is taking a consumer centred approach to value for money (VFM).

The bulk annuity market had a record final quarter in 2015 as buy-in and buyout deals totalled £5.4bn, according to LCP.

Prudential has reduced charges and axed exit fees to deliver members value for money following recommendations from its independent governance committee (IGC).

Prudential has seen a 46% fall in individual annuity sales during 2015 following the introduction of the April pension freedoms.

As insurers implement new capital buffers that make bulk annuities less profitable, Kristian Brunt-Seymour explores how it will impact the market.

M&G Investments has appointed Anne Richards (pictured)as chief executive officer to succeed Michael McLintock who will retire later this year.

The Common Declarations Working Group has devised an agreed set of words to remove the need for paper-based forms to make pension transfers.

To replace McDermott