The Financial Conduct Authority (FCA) has fined Threadneedle Asset Management more than £6m for having inadequate controls in its fixed income front office.
The watchdog fined Threadneedle £6,038,504 for failing to put in place adequate controls, providing inaccurate information to the regulator, and for failing to correct the inaccurate information for four...
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.