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Peter Hargreaves jumps into Rich List top 50

Peter Hargreaves has jumped to 42nd position on the Sunday Times Rich List, a climb of nine places from last year, after seeing his wealth grow £849m to £3.2bn. Hargreaves is no longer on the HL board but has kept a 32.2 per cent stake in the company – the value of which has reportedly […]

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Pensions Regulator: We could have done more on British Steel transfers

The Pensions Regulator admits it could have done more to help British Steel Pension Scheme members understand the consequences of transferring out into defined contribution plans. In its response to the work and pensions select committee’s report into British Steel published today the regulator reflects on what it has learned from the saga. TPR says […]

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Paul Lewis: FSCS funding row misses crucial point

The wrong people are paying the levy and the fund is not going to enough of the right consumers Consumers of financial services firms are not being given enough compensation when they are missold, misadvised or out-and-out cheated. Or, rather, not enough clients are being given compensation. We know that because, in most cases, they […]

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