Opra is hosting a whistleblowers' workshop on new reporting guidelines for pension scheme auditors and actuaries.
New Star's purchase of Edinburgh Fund Managers' retail funds and multi-manager business brings chairman John Duffield's buying spree to an end for the foreseeable future.New Star head of retail sales Mark Skinner says the 24 funds which the firm has bought from Aberdeen Asset Management, including 10 funds of funds, are the final piece in […]
The global trade deficit in goods narrowed in July. It now stands at 4.3 per cent GDP. The improvement was aided by a dramatic drop in the shortfall in non-EU trade which fell to its lowest level since May 2002 and exports to the US climbed by £400m according to Gerrard's latest figures.
The Association of Consulting Actuaries says Government is failing to put enough priority on encouraging employees and employers to make more substantial pension contributions.Chairman Gordon Pollock says the Government's most recent reform proposals, published in June, fail to encourage employers to continue with defined-benefit provision. In particular, he says there is almost nothing in the […]
Erica Harper of Zurich must be wondering where her weekly dose of press cuttings got to last week.The Diary was delighted to receive press cuttings about Zurich on our fax but we don't think they were intended for us.Could Consolidated Communications possibly have made a mistake? The Diary is only sorry that it wasn't a […]
Jelf Employee Benefits has launched Jelf AEase, an enhanced auto-enrolment (AE) service aimed at companies with fewer than 50 employees that are due to stage from August 2015.
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The pensions industry has welcomed government reforms to boost auto-enrolment while raising concerns about their limited scope and time it will take to implement them. In its much anticipated review into auto-enrolment the government says it will lower the age at which people are eligible for a workplace pension from 22 to 18. The government […]
Such products should not be off limits for all but record keeping is key
An influential Government committee has written to the FCA outlining its concerns that the regulator’s protection of British Steel Pension Scheme members remains ‘grossly inadequate’. In a 15 December letter to FCA supervision director Megan Butler, work and pensions committee chair Frank Field says it is apparent there are “insufficient protections” in place to prevent […]