Prospect has written to the government to demand action on scheme valuations after the Bank of England announced a third wave of quantitative easing.
The union's general secretary Paul Noon urged Steve Webb to push The Pensions Regulator to issue guidance on how to factor low gilt yields into triennial valuations. He said: "We believe this would...
The Financial Conduct Authority (FCA) has fined Standard Life Assurance (SLA) nearly £31m after its practices led to conflicts of interest and SLA employees putting their financial needs above those of the firm's customers.
The government has launched a consultation on amending the contribution rules of the NHS Pension Scheme in a bid to mitigate the possibility of members hitting tax allowances.
Aviva has seen a 50% year-on-year increase in the number of enquiries from pension schemes that use investment and administration on separate platforms seeking to move to a bundled provider.
This week's Pensions Buzz respondents were unsure whether Guy Opperman will stay in post as pensions and financial inclusion minister under the new Prime Minister.