Five stories you may have missed this week
This week's top stories were Capita's shares falling by over 40%, and Royal Mail reaching agreement with its union to launch the UK's first collective defined contribution scheme.
1) UPDATED: Capita shares plunge by over 40%; Frank Field intervenes over pension deficit Shares in Capita fell by over 40% this morning after the outsourcing firm announced it had suspended its dividend...
More on Industry
Have your say: Is the DWP right to mandate use of simpler annual statements for auto-enrolment DC schemes?
In this week's Pensions Buzz we want to know whether you think the Department for Work and Pensions is right to mandate the use of simpler annual statements for auto-enrolment defined contribution schemes?
Pension raid for property leaves industry vexed
Almost three-quarters of PP readers disagree that pension scheme members should be allowed to access funds early to use as a house deposit.
PLSA calls for Pension Schemes Bill amendments; Says TPR powers 'cast net too wide'
The Pensions and Lifetime Savings Association (PLSA) has called for amendments to the Pension Schemes Bill to ensure new regulatory powers do not unintentionally prevent schemes from taking action in members’ interests.
10,000 Black Interns campaign launches with leading investment managers' backing
Leading figures of the investment management industry have today launched the 10,000 Black Interns programme which aims to improve and transform the career prospects of young black people in the UK.
Willis Towers Watson launches diversity action plan; warns progress is 'disappointingly slow'
Willis Towers Watson has set out a diversity action plan for the investment industry after its research found progress on diversity is “disappointingly slow” across the entire sector.
