News

A former independent financial adviser (IFA) has been jailed for six years after embezzling more than £1m of pension scheme funds to fund his "lavish lifestyle".

Royal London saw its group pensions new business grow to £2.5bn in the first half, compared to £1.9bn in H1 last year, according to its interim financial reports.

The Communication Workers Union (CWU) has told Royal Mail it must make significant progress in resolving its pensions dispute by 6 September to avoid industrial action.

Industry says as professionals, punishment should be given due to their level of expertise.

Norwich-based family business Jarrold & Sons has entered into a £19m buy-in with Aviva, insuring benefits for over 500 members.

Listed companies are getting away with short-termism because of a lack of engagement from institutional investors, according to RBC Global Asset Management.

Councillor Alan Schofield has been appointed to the Local Pensions Partnership's (LPP) board as a non-executive director, representing the shareholder Lancashire County Council.

Hedging appetite fell during the second quarter of this year as a lack of index-linked gilt supply continued to bite, BMO Global Asset Management has said.

FTSE 100 companies have responded to last year's investor rebellions regarding executive pay, with "more conservative policies" being adopted according to new analysis from the Investment Association (IA).

This week we want to know if it is correct to define professional trustees as those who promote themselves as having expertise in trustee matters to schemes they have no connection with.