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Aegon selling pension admin firm

Aegon UK is to sell its third-party pension administration business to corporate consultants Goddard Perry. It will be rebranded as HS Administrative Services.

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Government to raise state pension and end means-testing

The Government is to create a universal state pension of £140 a week, eliminating the current means-tested system. The plans, set to be announced in a green paper later this year, look set to combine all current elements of the state pension, including the basic state pension and the state second pension, into one payment […]

Cable calls for a rethink of short-term corporate behaviour

Business Secretary Vince Cable has used his speech to the Confederation of British Industry to launch a review into corporate governance and outline his ideas of how the banking industry should look in five years time. He announced a Government review which will look into the subject of short-termism, foreign takeovers, the role of short […]

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Honister voices Nest charging concerns

Honister Capital remains “extremely concerned” about the structure of Nest following confirmation the scheme will go ahead as part of the 2012 pension reforms. Nest will launch in low volumes next year in preparation for the roll out of automatic enrolment in 2012. By 2017, the Department for Work and Pensions expects the scheme to […]

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