NHS Trust referred to regulator over cash-for-pensions deal

An NHS Trust has been referred to The Pensions Regulator over a deal to offer nurses better wages in exchange for opting out of a pension scheme. According to the FT, the NHS Pension Board has formally raised the issue with the regulator over concerns relating to south-east London’s Oxleas NHS Trust. Under automatic enrolment […]


Osborne between a rock and a hard place on pension tax relief

No-one ever said the big jobs were easy. And as both Chancellor of the Exchequer, and the nation’s de-facto second in command, George Osborne doesn’t have an easy month ahead. While the Prime Minister has the small task of bending the European Union to his will, Osborne faces his own struggles as he seeks to […]


Advisers hit out at conflicting provider growth projections

Advisers have expressed frustration at the wildly differing growth rates used by providers when estimating returns from different asset classes. CTC Software’s annual market review of growth rates shows the breadth of expected returns produced by 40 insurers, Sipp and wealth management firms. The FCA tells investment, life and pension providers how they calculate the […]

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Senior bankers “terrified” by accountability rules

City bankers are said to be “terrified” of new accountability rules which came into force this week. The new senior manager and certification regime came into effect for banks, building societies, credit unions and insurers on 7 March, and will be extended across financial services by 2018. However, according to the Financial Times, bank bosses […]


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