News

Around 7000 holders of Standard Life unit-linked pension plans have received incorrect statements for the past seven years with one customer losing £30,000.

The number of people requesting retirement quotes in defined contribution pension schemes has almost doubled within a year, latest data from Aon Consulting.

Ortec Finance has officially opened its London office in a bid to expand its UK business.

Two-thirds of employers are missing out on massive National Insurance contribution savings by ignoring salary sacrifice arrangements, B&CE Benefit Schemes.

City minister Lord Myners has been criticised by the Treasury select committee for his role in the departure of Sir Fred Goodwin from Royal Bank of Scotland.

BT says sorry as losses spiral; Fujitsu arm shuts final salary scheme; Illogical tax relief; Jeremy Warner: Pension deficit may force BT break-up

Independent Trustee Services has appointed Martin Miles to its board.

UK/GLOBAL - Any deal to sell Barclays Global Investors would lead to further industry consolidation, consultants say.

Any deal to sell Barclays Global Investors could lead to further industry consolidation, consultants say.

US - Private equity giant Carlyle will pay US$20m to the State of New York to resolve its role in the attorney general Andrew Cuomo ongoing investigation into corruption at the New York State Common Retirement Fund (NYSCRF).