More than two-thirds of UK pension professionals are not yet prepared for the consequences of the far-reaching retirement changes announced by Chancellor George Osborne in this years Budget, a poll by Aon Hewitt has claimed.
A yes vote in favour for Scottish independence could prompt a downgrading in the creditworthiness of insurance firms with subsidiaries operating in the country, credit ratings agency Standard & Poors has warned.
The Liberal Democrats' manifesto will commit the party to passing the triple lock state pension guarantee into law, pensions minister Steve Webb announced this weekend.
Business volumes in the UK life insurance market fell for a second successive quarter this year, while profitability declined during the same period, according to a quarterly poll published today.
The pensions minister is to press ahead with plans to overhaul the private pensions market after results of a public consultation showed big support for the introduction of defined ambition schemes.
The proportion of women in their late 60s in paid work will have increased by 2020 and they could be set to outnumber working men in this age group, the Institute for Fiscal Studies has said.
The London insurance market is in danger of lagging behind global competitors by failing to collaborate in its use of big data, insurance software business Xuber has warned.
UK pension schemes and trustees are set to increase the use of diversified growth products as a means of de-risking, a survey by AXA Investment Managers has found.
