News

Insurance giant Legal & General has reported increased operating profit of £1,087m following double digit sales growth.

The Department for Communities and Local Government has raised the limit for local government pension funds' investment in limited partnerships from 15% to 30%, paving the way for more exposure to infrastructure.

Andrew Meeson and Peter Spencer Bradley have been jailed for eight and half years each for their roles in a £5m pension tax fraud dubbed by a judge as "stealing money hand over fist".

There are just a few days left to register to attend this year's PP Risk Reduction Forum, which will be held in London on 14 March.

Royal London Asset Management has seen its assets under management grow by 8% in 2012, as institutional investors channeled money into credit strategies.

Disgraced former tax boss Andrew Meeson - found guilty of a £5m pensions tax fraud on Tuesday - has been linked to two alleged pension liberation cases, PP can reveal.

The Organisation for Economic Co-operation and Development has said auto-enrolment is making good progress but pensions minster Steve Webb wants to ‘manage expectations' before early opt-out rates are published.

At least 30% of executive pay should be deferred in order to place more focus on long-term results, according to an independent review into short-termism.

Former tax boss Andrew Meeson and his business associate Peter Bradley have been found guilty of a £5m pension fraud.

Pensions minister Steve Webb has reiterated his interest in providing guaranteed returns in defined contribution schemes to create of risk-sharing ‘defined ambition' vehicles, describing it as a "stunning sales pitch".