News

This week's stop stories including British Airways' pension scheme members demanding a meeting with trustees over the time taken to decide whether to appeal a recent court judgment.

Nicholas Lyons is to take over from Henry Staunton as chairman of Phoenix Group.

Sales in Aviva's bulk purchase annuity business totalled £1.5bn in the first half of 2018, its half-year results have revealed.

The Bank of England's (BoE) Monetary Policy Committee (MPC) has unanimously voted to increase interest rates by 25 basis points to 0.75%, the highest level in almost a decade.

Nine in ten respondents said around 160,000 pages of legislation is too much

Members of the Airways Pension Scheme (APS) have written to trustees demanding a meeting over why they have not yet decided whether to appeal the recent Court of Appeal judgment, PP can reveal.

GAM has suspended trading in its unconstrained and absolute return bond funds as a result of the high level of redemption requests following the suspension of manager Tim Haywood earlier this week.

Anthony Ellis has taken over from John Walbaum to head Hymans Robertson's investment consultancy practice.

Four bulk annuity transactions worth over £1bn were transacted by Scottish Widows in the first half of the year, according to its half yearly report.

Some 36% of employees do not know that they have been automatically enrolled into a workplace pension, data from the Office for National Statistics (ONS) has revealed.