UBS splits units as it prepares for break-up; We need clarity on the influencing role of the PPF; Food and fuel prices send inflation to new high as City fears interest rate increase; Cinven acquires holding in debt investment boutique
UBS splits units as it prepares for break-up The Times UBS has laid the groundwork for a break-up of the bank – splitting the bank into three independent divisions within the group by the end of next...
More needs to be done to speed up DB to DC transfers but, as Jonathan Stapleton says, more also needs to be done to protect members.
The Pensions Ombudsman (TPO) took on 2,566 early resolution cases in 2018/19 after onboarding a team from The Pensions Advisory Service (TPAS), according to its annual report and accounts.
The lifeboat fund is in a good position despite reserves taking a £0.6bn hit. But the ramifications of the EU judgment on member compensation is an area of concern for CEO Oliver Morley, writes Stephanie Baxter