UK - A new employer-led industry body has been set up to improve performance and productivity through the training and education of financial services companies.
The Financial Services Skills Council, which represents more than a million people in 35,000 firms, will also aim to restore and maintain confidence among consumers.
Legal & General chief executive David Prosser, who has been appointed the FSSC’s chairman said: “The role of the FSSC is to lead the UK’s financial services sector in meeting the productivity and skill demands that will ensure consumer confidence.”
Despite improvements in investment manager attitudes towards responsible investment, research reveals there is a way to go before the majority deliver meaningful action. Victoria Ticha explores why
The Co-operative Bank is set to continue de-risking pension schemes after it mitigated further losses by switching from the retail prices index (RPI) to the consumer prices index (CPI).
A model aimed at reducing climate change-related financial risk exposure from corporate credit assets has been launched by Insight Investment.
Universities Superannuation Scheme (USS) members should be responsible for most of the cost of increased contributions if the scheme's defined benefit (DB) section remains open to accrual, Pensions Buzz respondents say.