AI and the impacts on professional indemnity insurance & more…Keep up with what has been happening this week in our latest IP news round-up…

AI and the impacts on professional indemnity insurance

Associate from WTW looks into the impact AI has on professional indemnity insurance.

Increasing annuity rates a good chance to ‘lock in’ a competitive level of retirement income, says Just Group

Returns available to pension savers on Guaranteed Income for Life solutions are setting new highs through early 2025, new figures from retirement specialist Just Group reveal.

‘Risk that government pension reforms lose sight of member interests’ – Laura Myers, LCP

The Government’s focus on ensuring that all workers are enrolled in a pension scheme which provides good value for money is to be welcomed, but the idea of the Government telling pension schemes how to invest is a step too far, according to Laura Myers, Partner and Head of DC pensions at LCP.

Hymans Robertson Leads Advice on Transaction between London Waste Limited Pension Scheme and Royal London

Royal London, the UK’s largest mutual life, pensions and investment provider, has secured its latest Bulk Purchase Annuity (BPA) transaction with a £22m buy-in with the London Waste Limited Pension Scheme.

Aviva completes buyin with Morrisons Retirement Saver Plan

Aviva have announced the completion of a £270 million bulk purchase annuity buy-in with the Morrisons Retirement Saver Plan – RSP Section.