The Bank of England has cut its forecast for economic growth this year to almost zero and has predicted inflation will be below target in the medium term.
In its quarterly inflation report, released today, the Bank said it expects to see no growth in the economy for 2012, down from the 0.8% predicted in the May report. Giving a press conference today,...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.