News

The UK's first sterling bond linked to the Consumer Price Index (CPI) has been issued to help finance the building of a tube link in London.

Secretary of State for Work and Pensions Iain Duncan Smith has been re-appointed after the Conservatives formed a majority government in the wake of the general election.

Almost a fifth of defined contribution (DC) pension schemes will offer flexible drawdown as a result of the freedom and choice reforms, according to research.

Priti Patel has been appointed employment minister in the new Conservative government.

The industry has thanked pensions minister Steve Webb for his contribution to pensions after he lost his parliamentary seat in yesterday's general election.

Law firm Walker Morris has expanded its pensions team with the promotions of Jo Ratcliffe and Tamsin Tinkler and hire of Ruth Bamforth.

In a shocking night of General Election results the Conservatives have won enough seats for David Cameron to form a small majority government. WSB examines the key workplace benefits related points from the Conservative manifesto.

Two employment ministers lost their seats as part of a shocking general election result which upset all the pre-election polls.

Pensions minister Steve Webb and shadow pensions minister Gregg McClymont have both lost their parliamentary seats as a result of yesterday's General Election.

Top stories this week include concern over proposals to force schemes to sign the Stewardship Code, the end of a six-and-a-half year legal wrangle, and four escalating fines from TPR.