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Pensions business boosts L&G profit
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Legal & General said its operating profit for the first half of the year was £941m, boosted by its bulk annuity business.
Wage growth could drive higher state pension increase
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The annual growth in average pay including bonuses hit 8.2% in June, according to figures published this morning by the Office for National Statistics.
Altmann suggests alternative ways to save pension costs
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Former Pensions Minister Baroness Altmann has called on policymakers to look at other ways to solve rising state pension costs than raising the starting age, cutting the amount or more means-testing.
Pension Awareness marks decade with five-day event
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The Pension Awareness campaign will mark its first decade with a five-day event from 11 to 15 September.
TPR amends DB superfunds guidance
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The Pensions Regulator has amended its DB superfunds guidance three years after publishing its original guidance to update it based on changes in the last three years.