Tax simplification boosts pension sales; Corporate cash balances rise on fears of economic slowdown; Slough Estates to become REIT
Tax simplification boosts pension sales The Times (page 31) Pension sales have increased on average by 24pc in the first six months of the year, with insurers selling £4.8bn worth of life and pensions...
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".