News

The Pensions Ombudsman (PO) has ordered two wealth managers to make up the investment losses incurred by a pensioner on the late transfer of his drawdown fund.

The Railways Pension Scheme will look to partner with other pension funds as it seeks the best ways to increase its exposure to illiquid assets.

Prime minister David Cameron has vowed to keep a watchful eye on pension providers to ensure they do not hike up charges in the wake of the freedom and choice reforms.

All pension transfers over £30,000 must be carried out or checked by a pension transfer specialist, the Financial Conduct Authority (FCA) has said in rules out today.

Finding and maintaining affordable childcare is restricting parents' working lives, according to Citizens Advice Bureau (CAB).

Everton Football Club is investing in employee health by improving its workplace wellbeing programme.

Unite members have voted to strike over Tata Steel's plan to close the British Steel pension scheme (BSPS) and make employees work five more years to get their full pension.

Four in ten employees (41%) feel their job is detrimental to their health with 44% saying they receive inadequate support from their employer in leading a healthy lifestyle.

Transfer values have dropped by 2.2% since 31 March 2015 which underscores the volatility of transfer values during those two months says Xafinity.

The Department for Work and Pensions (DWP) has seen its staff headcount slashed by 29% since 2010, according to the National Audit Office (NAO).