The trustees of Now: Pensions have been fined £70,000 for administration problems dating back several years that have led to contributions not being collected and invested in market. Now: Pensions has been...
Unions are pressing for the Government to confirm that it will back the pensions of Carillion workers promised their benefits would be secure when their employer was privatised in the 1980s, but...
The UK has moved closer to its first ever collective DC scheme following a breakthrough in negotiations between Royal Mail and the Communication Workers Union (CWU) today. The CWU’s Postal Executive will...
Pensions make up 42 per cent of the UK’s £12.8 trillion total private wealth, outstripping property, which represents 36 per cent of the nation’s assets. Figures from the Office for National Statistics...
The Investment Association (IA) has responded to pressure from transparency groups by taking down its controversial ‘Loch Ness Monster’ report from its website a day after declining to do so. The row...
Nest has signaled its intention to add actively-managed commodities to its default funds arguing the asset class is attractively priced in historic terms. Issuing an invitation for tenders issued today, Nest says...
The gender pay gap and time spent caring for children means women’s pensions are on average half that of men’s by age 50, and they will fall further behind for the rest...
MetLife has appointed its executive vice president James Reid as head of its global employee benefits (GEB) business. He is charged with expanding relationships with global EBCs and other financial organisations, as...
Westfield Health has bought 140 year-old cash plan provider Bolton & District Hospital Saturday Council (BDHSC), which trades as UK Healthcare, for an undisclosed fee. Bolton-based BDHSC is a not-for-profit health provider...
The Investment Association (IA) has rejected a call for it to take down the controversial ‘Loch Ness Monster’ report from its website, despite its chief executive telling a BBC documentary the wording...
