A European Parliament vote on the legislation which underpins new rules governing Europe's insurance industry has been put back by a month, raising concerns over the timetable for implementing the system.
Nearly half a million people approaching retirement are being prevented from working by disability or poor health, the Trades Union Congress said today.
Quarterly sales of enhanced annuities exceeded £1bn for the first time between April and June 2012, according to figures published by Towers Watson today.
The total value of inflation hedging transactions carried out on behalf of UK pension schemes hit a record high of £18.5bn in the second quarter of 2012, F&C Investments said today.
Italys insurance industry could benefit from growth opportunities in the countrys healthcare sector as well as providing more natural catastrophe coverage, Swiss Re said this week.
Changes to the European rules governing the pensions and insurance industries could harm UK businesses and damage the countrys economic growth, Labour said today.
Industry guidelines aimed at tightening up how pension scheme sponsors incentivise members to transfer out of their scheme will change how offers are made rather than bringing an end to the practice, JLT Pension Capital Strategies said today.
Quantitative easing has had a broadly neutral impact on both defined benefit and defined contribution pension schemes, according to the Bank of England.
