News

GOVERNMENT engineers and scientists have voted overwhelmingly to accept new pension and retirement terms.

Union officials are pressing ministers to clarify ill-health benefits in the new Local Government Pension Scheme ahead of its introduction.

LONDON Underground workers have voted for strike action over plans to change their ill-health pension rights.

INCLUDING: CANADA - Head of active equity investment team appointed; UK - JPMorgan named custodian for ICI fund; UK - New oil ETCs to be launched; SWITZERLAND - Credit Suisse Group announces Q2 results.

Just Retirement sales up

PPF unveils long term risk model; Prudential UK sales fall by a quarter

MILLIONS of pounds a year are wasted on employee benefits packages because staff do not understand them, Oval Financial Services warns.

Royal Mail's proposed changes to its pension scheme are not unreasonable, claims a leading independent financial adviser.

Inherent weaknesses in company voting processes mean nearly 5pc of scheme votes are lost, governance champion Paul Myners claims.

THE PENSION Protection Fund has unveiled a system to enable it to calculate its long-term risks.