The Federal Reserve announced plans to extend Operation Twist by $267bn (£170bn) as it cut its 2012 growth forecast for the US economy from 2.9% to 2.4%.
The Federal Open Market Committee stopped short of adopting a more aggressive monetary policy through a third round of quantitative easing despite implying the US recovery had not been as strong as hoped...
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.