News

Workplace pensions governance should be overseen by a single regulatory body, the latest Work and Pensions Committee report says.

Her Majesty's Revenue & Customs (HMRC) has issued a warning to consumers vulnerable to "unscrupulous" firms offering to help them access their pension savings early.

The Environment Agency Pension Fund has appointed Dawn Turner as head of environmental finance and pension fund management.

LCP has announced the promotion of nine members of staff to partner, including former Metlife director Emma Watkins.

Legal & General Investment Management (LGIM) has created a client strategy team, aimed at boosting delivery of its integrated de-risking solutions.

The Department for Work and Pensions has been criticised over its plan to ban short service refunds before putting in place an automatic transfer system.

Members could lose out from an automatic transfer system for small pots if their pension is moved into a scheme with higher charges, the industry has warned.

Standard Life has added over a £1bn worth of new business to its corporate pensions platform in the first quarter, outstripping sales for the last six months of 2012.

Severe delays and errors have hit the payment scheme set up by government to compensate victims of Equitable Life, a report from the National Audit Office (NAO) has found.

Ameriprise Financial has appeared to rule out a potential acquisition of Scottish Widows Investment Partnership (SWIP), saying available M&A opportunities "do not meet our criteria".