Prudential has said a pick-up in bond sales helped negate a near 50% reduction in annuities new business in the first nine months of the year.
Prudential has been paid £155m for the sale of its 25% stake in PruHealth and PruProtect to South African insurance group Discovery.
A workable and affordable simplified advice framework must urgently be established to ensure ‘ordinary savers' properly benefit from next year's pension freedoms, delegates heard.
All seven product providers featured on Sesame's ‘focussed' restricted advice panel have denied breaching the regulator's rules on inducements, after the network was fined £1.6m for selling the coveted spots to the highest bidders.
The regulator has "completely messed up the definition of independence", said professional connections support organisation SIFA, as it claimed 95% of solicitors would still chose IFAs over restricted advisers.
Insurer Prudential has launched an onshore bond available through the True Potential platform.
Prudential has launched an online modelling tool aimed at giving customers more clarity on their retirement planning.
Vince Smith-Hughes looks at the challenges and opportunities for advisers in the post-Budget environment.
Prudential's director of UK and European insurance subsidiaries and head actuary has joined the Prudential Regulation Authority (PRA) as an independent member of the board.
In this week's Retirement Planner news round-up we highlight five key stories you might have missed over the past seven days.