NEST Corporation, the trustee body that runs the National Employment Savings Trust (NEST), has been defrauded out of more than £1.4m, its annual accounts show.
The body lost a total of £1,446,000 in 2012/13 as a result of the attack, which involved the diversion of a supplier payment. The fraud was directed at NEST Corporation so no money was taken from members'...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point