Industry

HSBC will no longer offer its Workplace Retirement Services (WRS) through external independent financial advisers (IFAs), it has confirmed.

Jonathan Stapleton asks whether the term ‘pension’ is too toxic for today’s savers

NEST Corporation chief executive Tim Jones has waived his right to any bonus payments in the 2012/13 financial year over the £1.4m fraud incurred by the organisation.

The rate of tax that was deferred through pension saving should be applied when the money is paid out at retirement, Jargon Free Benefits founder Steve Bee says.

Barclays Corporate & Employer Solutions (Barclays C&ES) has entered into a partnership deal with online employee benefits provider Benefex.

NEST Corporation, the trustee body that runs the National Employment Savings Trust (NEST), has been defrauded out of more than £1.4m, its annual accounts show.

Sackers has promoted banking and finance specialist Vicky Carr to partner after two years with the pensions law firm.

The latest publication from the Office for National Statistics (ONS) shows private sector pensions coverage at only 2.9m, the lowest since 1953.

The government and pensions industry have made no real progress in preparing people for the reality of retirement, PTL says.

Servier Laboratories has appointed Aon Hewitt to provide a full range of services to its pension scheme.