News

Emma Hunt has been appointed director of strategic client management and business development at Hermes Equity Ownership Services (Hermes EOS).

There are 235,000 more people between the ages of 50 and 64 in work than there was a year ago, according to the Department for Work and Pensions (DWP).

The Consumer Prices Index (CPI) 12-month rate edged up to 0.1% in July, the sixth successive month it has been at or around zero.

Plans to release public funds on setting up a special purpose vehicle (SPV) for Newham Pension Fund have been called in by the council's overview and scrutiny (OS) committee following concerns.

Royal London experienced growth of 61% in its drawdown business during the first half of the year amid demand created by the pension freedoms unleashed in April.

Bank of England governor Mark Carney has been speaking to the largest fund management houses about how prepared they are for a mass sell-off that could follow an interest rate rise.

A string of mid-sized transactions have made for a record-breaking second quarter in the bulk annuity market, according to data from LCP.

The £900bn deficit in UK defined benefit (DB) schemes would require more than a year's salary from every person in the UK to fix, according to Hymans Robertson.

Phoenix Life has backed down from demanding a saver get financial advice before it would release his £13,300 pension pot.

The decision to increase public sector employee pension contributions is expected to net the Treasury an extra £2.9bn in 2014-15, according to official figures.