Industry

Barclays boss Bob Diamond has resigned from the bank with immediate effect, just one day ahead of a parliamentary hearing into his conduct following the LIBOR scandal.

The Pensions Policy Institute has appointed nine new governors, including Hargreaves Lansdowne head of research Tom McPhail and RPMI managing director administration Robert Branagh.

Aviva has fired dozens of senior managers and may look to offload a fifth of its business units after carrying out a review of the company, according to reports.

Staff at the Pensions Ombudsman were forced to choose between remaining in their jobs or moving to the Department for Work and Pensions creating an "unsettling" environment, the supervisory body's annual report reveals.

The pensions divide between men and women is set to widen, as figures show men increased their saving ratio over the last year while women cut contributions.

Goddard Perry has expanded the range of charging structures available for its master trust following feedback from consultants and employers.

Chancellor George Osborne has pledged to use fines imposed by the Financial Services Authority to compensate taxpayers in the wake of the LIBOR scandal.

Impaired life annuities could offset ‘unfair' rises in state pension age for groups with lower life expectancy, the pension minister says.

An upcoming paper by an Actuarial Profession working group considers the use of money back guarantees for DC members to encourage saving. But at what price?

Employers are being put off adopting risk-sharing models by an unrewarding regulatory regime, the Association of Consulting Actuaries honorary secretary has claimed.