INVESCO has applied to regulators for permission to launch a life office to enable a full service en...
INVESCO has applied to regulators for permission to launch a life office to enable a full service entry into the defined contribution group pensions market. The company, which plans to offer a range of INVESCO-branded DC products, is gearing up for the launch of stakeholder in April 2001. INVESCO joins investment groups such as HSBC, which is planning to relaunch one of its two dormant life offices, Schroders' which has just paid £60m to buy Liberty International Pensions, and Perpetual, which launched a life company last year. The moves are seen as evidence that investment management fir...
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