News

Derrick Dunne - the founder and former head of Sanlam Four - has been hired as chief executive of Beaufort Investment subject to FCA approval.

Rates remain at 0.5%

The bill creating a new single financial guidance body and introducing provisions for a ban on pension cold-calling has received Royal Assent today.

BT and the trustee of its pension scheme have agreed to contributions totalling £12.3bn over 13 years to plug its actuarial funding deficit.

Xafinity Punter Southall has appointed Simeon Willis as its inaugural chief investment officer (CIO) as it seeks to strengthen its investment offering.

Pension transfer values fell from £235,000 at the end of March to £232,000 at the end of April, according to Xafinity's Transfer Value Index (TVI).

In this week's Pensions Buzz, we want to know if you think it is fair that The Pensions Regulator can seize assets from fine dodgers, and how schemes should deal with pension overpayments from contracting-out discrepancies.

Shadow work and pensions secretary Debbie Abrahams has been sacked from the shadow cabinet following an investigation into alleged bullying.

Former Financial Conduct Authority (FCA) life insurance and financial advice director Linda Woodall has been appointed to Aegon's independent governance committee (IGC).

Prudential Insurance Company of America (PICA) has agreed to reinsure around $1.2bn (£900m) of Pension Insurance Corporation's (PIC) longevity risk.