UK - A "distinctive ethical stance" has secured record profits for the 10th consecutive year for the Co-operative Bank.
The bank – which prides itself on ethical banking and corporate social responsibility activism – reported pre-tax profits of £130m for 2003, up 6.2%.
The bank’s financial advisory arm, the Co-operative Insurance Society, aided growth with an expanded product range and reported assets topping £30bn.
Labour Party plans to renationalise core industries and require the largest listed companies to hand 10% of shares to employees would be a "double whammy" for pensions, business leaders have warned.
A handful of industry heavyweights have begun trialling a so-called 'mid-life MOT', with positive initial results reported by all those involved.
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".