L&G sells Suffolk Life
Legal & General Group is selling Suffolk Life, the Sipp provider and administrator, to Curtis Banks Group plc for £45 million. The acquisition is subject to an underwritten placing by Curtis Banks...
Pensions
Govt should 'do a Royal Mail' on LGPS – Johnson
The Chancellor should consider taking local government pension schemes into state ownership, underwriting its liabilities and taking control of its £214bn of assets, according to an influential think-tank. A paper from Centre...
Labour reshuffles pensions and employment shadows
Angela Rayner has been named as Labour’s new shadow pensions minister, with Nick Thomas-Symonds departing the post to a new role after just five months. Thomas-Symonds moves to a new position within the...
EAP standards framework strengthened
New standards for providers of employee assistance programmes have been published by the UK Employee Assistance Professionals Association. Key changes made in the revised UK EAPA Standards Framework include the way that...
The Pensions Regulator warns half a million small employers to avoid fines
A warning has been sent by The Pensions Regulator (TPR) to half a million small employers of their risk of being fined for not taking action on their workplace pension obligations. The...
£1bn question over public worker GMP cost – Mercer
Local authorities and public sector contractors may be landed with an additional pension bill of £1bn if a quirk of legislation allows the Government to shove the cost of inflation proofing on...
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