UK - IFA RJ Temple has closed three of its five regional offices and made 18 staff redundant.
The cuts come as part of a restructuring of its sales management teams.
Chairman and chief executive Geoffrey Morphitis said: “These changes allow us to invest in other initiatives that will really help us grow the business over the next few years.”
An unnamed London-based employer has been hit with a £350,000 fine from The Pensions Regulator (TPR) for failing to fully comply with its pension duties.
XPS Pensions has enhanced its fiduciary management selection service in order to help trustees through initial selection and mandatory re-tendering.
One in five defined benefit (DB) schemes are in The Pension Regulator's (TPR) weakest two categories, analysis by Hymans Robertson has revealed.
State Street Global Advisors (SSGA) has been selected as the first index manager for the Asset Management Exchange's (AMX) passive funds.