News

Insurance group RSA has reduced its deficit recovery plan after the firm's triennial valuation revealed a 36% drop in its deficit.

NEST Corporation chief executive Tim Jones has waived his right to any bonus payments in the 2012/13 financial year over the £1.4m fraud incurred by the organisation.

Gilt yields jump after the latest Monetary Policy Committee (MPC) minutes revealed all members voted against more quantitative easing (QE).

The rate of tax that was deferred through pension saving should be applied when the money is paid out at retirement, Jargon Free Benefits founder Steve Bee says.

The current High Court case regarding pensions liberation does not have the scope to end the practice, a Chancery Division judge has warned.

The Advertising Standards Authority (ASA) has banned an advertisement for pension liberation targeting public sector members after a complaint from the Greater Manchester Pension Fund (GMPF).

Barclays Corporate & Employer Solutions (Barclays C&ES) has entered into a partnership deal with online employee benefits provider Benefex.

NEST Corporation, the trustee body that runs the National Employment Savings Trust (NEST), has been defrauded out of more than £1.4m, its annual accounts show.

Sackers has promoted banking and finance specialist Vicky Carr to partner after two years with the pensions law firm.

The latest publication from the Office for National Statistics (ONS) shows private sector pensions coverage at only 2.9m, the lowest since 1953.