The yield on benchmark 10-year UK government bonds fell to its lowest since 1989 yesterday, as fears grew that policymakers do not have the firepower left to kick-start global economic recovery.
The 10-year gilt yield dropped 14 basis points, or 0.14 percentage points, to 1.28% by late afternoon yesterday, after hitting 1.226% – the lowest since Bloomberg began collecting data in 1989. According...
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.