Scottish Widows

Lloyds Banking Group is back in the black after announcing a profit before tax of £2.1bn for the six months to the end of June - and said it is on course to target IFA clients orphaned by the Retail Distribution Review (RDR).

Scottish Widows has launched an enhanced annuity as part of plans to increase its share of the wider annuity market by 10% over the next three years.

Scottish Widows is launching an enhanced annuity product.

The abolition of consultancy charging could open up opportunities for advisers according to Scottish Widows chief executive Toby Strauss.

Pensions minister Steve Webb has confirmed that an update for the defined ambition (DA) project will be published in the summer.

Pensions minister Steve Webb says current at-retirement processes are outdated and asked whether we need to "do decumulation differently."

Industry figures could not agree on whether the pensions market should move towards offering fewer, large scale products to employers.

The number of people saving adequately for retirement has hit an all-time low, while aspirations for pension income have risen, a Scottish Widows report has found.

Scottish Widows has appointed Esther Dijsktra as head of intermediary protection propositions to guide the firm's launch into the protection market.

Pension provider Scottish Widows has been told it cannot reclaim almost £100,000 it mistakenly paid to a divorcee three years ago.