Annuity bar placed on trustees; Central banks inject yet more liquidity; Cash for personal finance courses; Fidelity managing director to take sabbatical
Annuity bar placed on trustees Financial Times (p2) Trustees of pension schemes whose companies went bust, leaving tens of thousands of people facing big shortfalls on their pensions, are to be barred...
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.