News

Aegon UK has revealed the remaining members of its Independent Governance Committee (IGC).

Steve Rumbles has been appointed as independent trustee for the SEI master trust.

Babloo Ramamurthy has been appointed chairman of Scottish Widows' Independent Governance Committee (IGC).

The Liberal Democrats would explore overhauling tax relief on pensions contributions if they play a part in the next government, according to the party's manifesto.

The Green party wants to halve the amount of tax relief given on pension contributions to fund a non-contributory ‘citizen's pension'.

The UK Independence Party (UKIP) would double the budget set aside for Pension wise this year from £30m to £60m if it wins the general election on 7 May.

The Bank of New York (BNY) Mellon has been fined £126m by the Financial Conduct Authority for serious failures to safeguard clients' assets.

The Liberal Democrats will look at introducing a flat-rate pensions tax relief, expand shared parental leave, consider increasing NI thresholds and commit to 20 hours of free childcare a week for all working parents.

The Pensions Ombudsman (PO) has ordered a deferred member of the Royal Mail Statutory Pension Scheme to return an overpayment of £2,152 resulting from an administrative error.

The Green Party has pledged to bring the minimum wage up to the Living Wage with a target of making it £10 per hour by 2020.