News

The Royal Bank of Scotland (RBS) has restructured its group pensions team and created an employee pensions manager role.

UK pensions would be better off regulated by a single body in the future, the pensions minister Steve Webb has said.

Over three-quarters (77%) of staff in the UK could not afford to meet their living costs if their income stopped tomorrow, research warns.

HM Revenue and Customs (HMRC) now has the power to refuse to register or to de-register a pension scheme on the grounds that the administrator is "not fit and proper".

The organisation reveals the most common enquiries fielded this year

Questions about retirement planning were far and away the most common reason for calling The Pensions Advisory Service (TPAS) last year.

The Financial Reporting Council (FRC) has hit Mazars with almost £2m in fines and costs for giving bad advice to trustees of the First Quench scheme.

The government is looking into exit fees levied on people cashing in their defined contribution (DC) pots, but has as yet no plans to intervene, says Steve Webb.

BSkyB has decided not to increase the sharesave limits for the 2014 issue of its Save As You Earn (SAYE) share scheme.

Pictet Asset Management has hired Barings multi-asset trio Percival Stanion, Andrew Cole and Shaniel Ramjee to lead a push into the space.