UK

The Financial Conduct Authority - better known for handing out fines for poor financial practices - has incurred a £2,000 penalty itself, for failings relating to its own pension scheme. This fine...

Three out of four firms delivering DB transfer advice are giving "potentially harmful" information to pension scheme members, according to the Financial Conduct Authority. These figures were released as part of a...

Nine out of 10 manufacturing companies investing in staff health and wellbeing have seen a productivity increase, according to a new report.  Manufacturing companies also saw improved workforce relations, a reduction in...

Square Health is the latest company to join the industry body Group Risk Development (Grid).  The medical support services company says this will help it work more closely with the group risk...

The new Pension Schemes Bill will be published today, after being introduced to the House of Lords yesterday.  This bill — which was included in the recent Queen’s Speech — contains legislation...

Almost nine out of 10 employers are set to review their pension provider this year, according to new research. The research by Smarterly found that more than one in two employers(54 per...

The Chancellor, Sajid Javid has confirmed his first Budget will be held on March 11 this year. It is widely expected that this will contain proposals to reform the current pension system,...

Mercer has appointed Malcolm Reynolds as its UK head of pension administration. Reynolds moves from JLT, which was recently acquired by Mercer’s parent company Marsh & McLennan.  Reynolds has been with JLT...

PIB Group has acquired Sanlam Wealth Planning UK’s employee benefit division. This department and its client book will transfer with immediate effect, and will now trade under the PIB Employee Benefits brand....

Nest has confirmed its new subsidiary, Nest Invest has received authorisation as an Occupational Pension Scheme. Nest’s chief investment officer Mark Fawcett says: “The Financial Conduct Authority has reviewed our application and...