The Financial Services Authority has confirmed it will continue to require disclosure of short selling - but said it will focus on pushing for an international transparency regime rather than establish long-term rules for the UK.
Pensions minister Angela Eagle believes the industry criticises personal accounts too much.
German industrial insurer HDI-Gerling has hired Friends Provident to provide a group stakeholder scheme for its UK staff.
There will be an ongoing process of automatic re-enrolment into personal accounts, pensions minister Angela Eagle says.
The Actuarial Profession has launched a reformed code of conduct to replace the ‘complex' guidelines previously used.
Richard Lowe discusses the sustainability and appropriateness of defined contribution as a suitable replacement for defined benefit
The Pension Protection Fund will reduce the cap on its risk-based levy to 0.5% of liabilities.
BlackRock has won its first full fiduciary mandate in the UK, having been appointed to run the £410m PA Consulting Group Pension Scheme.
Workers have been urged to start saving as soon as possible for their retirement in order to avoid unaffordable levels.
SINGAPORE - The Government of Singapore Investment Corp. (GIC) reported losses of 20% on its investments today for the year ended March 31, but said it has since recovered half of the year's losses on the back of rising equity markets.