AIG to rebrand life and retirement business after IPO
This includes the insurer’s UK operation
Retirement
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UK eyes extension to collective DC schemes
To include ‘decumulation only’ options, master trusts and multi-employer pots
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Aegon completes sale of eastern European business after setback
Deal was first blocked in April 2021
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British Steel 2.0 scheme to give members £58m one-off payment
To ‘provide compensation’ to clients who don’t receive ‘inflationary increases’
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What does inflation uncertainty mean for pensions triple lock?
It is predicted to hit more than 8% – the same level of earnings growth that triggered the double lock last year
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UK annual and lifetime allowance pension charges soar
Even before thresholds were frozen by the chancellor in 2021
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Tax cuts fail to save lacklustre Spring Statement
Sunak pledges to go ‘further’ on reliefs and allowances
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UK pensions triple lock to make a comeback… for now
But ‘many pensioners face a difficult squeeze on their cost of living for the next 12 months’
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Dynamic Planner eyes Europe expansion
As it hires ex-managing director of Avaloq to lead the company’s growth across the region
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Nordea bolsters Nordics life and pensions arm with acquisition
Deal adds around €12bn in assets under management
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Another Sipp operator enters liquidation
After it was unable to pay redress following final decisions issued by the Financial Ombudsman Service
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British Steel pension transfer advice unsuitable in 47% of cases
Members have lost £18m in redress due to firms entering liquidation