About 12,000 pensioners who hold annuities with Legal & General (L&G) have been left without their regular payouts after a technical blunder.
Insurers have warned against "distracting" the National Employment Savings Trust (NEST) from its original purpose by lifting government-imposed restrictions.
Legal & General (L&G) has reported increased pension assets of £429m in the third quarter as a result of auto-enrolment.
‘Inappropriate' active member discounts (AMDs) could threaten the success of auto-enrolment and must be restricted, Legal & General has warned.
Cofunds is planning to target life companies failing to attain traction in the platform market.
Former Legal & General chief executive Tim Breedon is set to join the board of Barclays as a non-executive director.
Sainsbury's will use its existing Legal & General (L&G) schemes for auto-enrolment, as it becomes one of the first companies to undertake the reform this Monday.
Legal & General Investments (LGI) is set to launch an index fund linked to the highest quality issues in the sterling corporate bond market at the end of the month.