Norton Motorcycles’ former owner has been given an eight month suspended jail sentence for taking almost £11m from pension scheme members to invest in his failing business. The Pensions Regulator (TPR) has...
The amount of money HMRC has refunded on pension withdrawals has doubled in the space of a year, as pension savers continue to be hit with unnecessary tax penalties. Figures release by...
Independent Governance Group (IGG) has appointed Clare Kember to be head up its outsourced governance services team. Kember has worked for IGG for eight years and has more than 20 years’ experience...
Neglecting women’s health in workplace is costing the UK economy £20.2bn a year - according to a new report from Axa Health. Its research found that almost seven out of 10 (68...
Almost one in two DB scheme sponsors want an insurer buy-out, most within the next 10 years, but consultants are urging a ‘wait and see’ approach as legislative changes could present more...
Defined benefit (DB) transfer values fell by 3 per cent in September, driving a fall of 15 per cent over 12 months, and leaving transfer values a third lower than they were...
Almost one if five (18 per cent) employees now have private medical insurance, and this number is expected to rise sharply as business look to support the health of their staff. Analysis...
Foresters Friendly Society has joined the trade body Group Risk Development (Grid). Foresters, which was established 1834, is a group risk business that specialises in insuring police federations. It providers life insurance,...
The Principles for Responsible Investment (PRI), the UN responsible investment body, has launched a consultation on its ‘Progression Pathways’ initiative that gives signatories a step-by-step journey towards better practices. The PRI proposes...
Pension savers who were wrongly advised to switch out of DB schemes have seen the compensation they are entitled to fall further, thanks to rising gilt yields, which have pushed up annuity...
