Pension Insurance Corporation (PIC) increased its operating profit by 200% in the first half of the year following a string of new bulk annuity contracts.
IFRS operating profit before tax rose to £105m from H1 2013 while underlying operating profit increased 59% to £54m, according to the pension scheme insurer's half yearly results published today. New...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.