THE government's plan to shore up the battered UK banking sector with a £50bn emergency share capital package and a further £450bn of loans and guarantees to boost liquidity has been well-received by the pensions industry.
Prime Rate Capital Management chief executive officer and founding partner Chris Oulton told PP sister title Global Pensions the deal was good news for pension funds because "it would clearly be a disaster...
A "substantial" parliamentary bill acting as a "roadmap" for the long-term future of private pensions will lead to a "significant period of calm", Guy Opperman has promised.
The Department for Work and Pensions (DWP) has completed its appointment process for the Single Financial Guidance Body's (SFGB) board, naming three non-executive directors.
Pensions and financial inclusion minister Guy Opperman has launched a simplified two-page annual statement in a bid to provide a best practice template for the industry.
Some 70% of defined contribution (DC) members want to know their scheme is personalised and tailored to their needs, an Invesco language study reveals.