* KPMG sees buyout market at 20 bln stg a year by 2020 * Funding level of schemes not getting better By Simon Jessop LONDON, Oct 16 (Reuters) - UK pension schemes are expected to transfer more than 10 billion pounds ($16 billion) in payout obligations to insurance firms in 2014
Read moreBy David Milliken LONDON, Oct 14 (Reuters) - Britons coming up to retirement will find it easier to spend their pension savings early, according to government plans announced on Tuesday that extend a big overhaul of pensions set out earlier this year. Finance minister George Osborne s
Read more(Adds more detail, background) WASHINGTON, Oct 12 (Reuters) - Investment funds will come under increased focus from global financial regulators, the head of a worldwide push to prevent a repeat of the financial crisis said on Sunday. Bank of England Governor Mark Carney, who is also h
Read moreThe insurance sector led the way higher on Wednesday, led by gains in Prudential and Legal & General. Insurers' share prices got a boost from a positive research note on the global insurance sector from Citi analysts. The broker estimates that free-cash-flow yields for global insurers in 2015 are i
Read more* George Osborne seeks to regain initiative after Europe split * Osborne abolishes pension "death tax" * Pledges cuts to welfare spending * Tells voters: Conservative will fix the finances (Recasts, adds details) By William James and William Schomberg BIRMINGHAM, E
Read more