News

George Osborne's austerity plan came under attack today from the International Monetary Fund (IMF) after it downgraded the outlook for UK growth by more than any other advanced economy.

The Advertising Standards Authority has banned a lead generation company from sending unsolicited text messages offering pension liberation to consumers.

Ashok Vaswani, chief executive of retail and business at Barclays, has admitted that 2012 was a "very difficult year" for the bank, and said the decision to release details of staff's £38.5m bonus details on Budget day was a "mistake" but claimed it was...

Market movements in the first quarter of the year have had a mixed effect on the bulk annuity market and pushed up the cost of buy-ins and buyouts, says Towers Watson.

The consumer prices index (CPI) was unchanged at 2.8% in March, while the retail prices index (RPI) rose slightly to 3.3%, according to the Office for National Statistics (ONS).

The Department for Communities and Local Government (DCLG) has launched a consultation into councillor access to the local government pension scheme.

Aon Hewitt has appointed Phil True as its head of UK-based equity manager research team within its investment consulting business.

UK pension schemes plan to further cut their exposure to domestic equities at a time when allocations are already at historic lows, an Aon Hewitt survey found.

Standard Life senior business development manager for corporate distribution Roger Grosvenor has moved to Zurich Corporate Savings.

The Local Authority Pension Fund Forum (LAPFF) has advised its members to vote against the remuneration report at AstraZeneca's upcoming annual general meeting (AGM).