News

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.

The Conservative Party's election manifesto launched today promises to put pensioners at the centre of policy making.

Decreasing gilt yields sent the aggregate deficit of the Pension Protection Fund's (PPF) 7800 Index up by 18% in March, according to the latest data.

Labour has promised to abolish the coalition's employment tribunal fee system should it form the next government.

Prime minister David Cameron has pledged to restrict pensions tax relief for high earners if the Conservatives win the general election.

Labour has said it will reform the pensions market to protect consumers from retirement ‘rip-offs' and make sure pension providers put savers first.

The Financial Services Compensation Scheme (FSCS) will soon protect the total value of people's annuities, it has confirmed.