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PPF takes on fraud responsibility

The Pension Protection Fund board has taken responsibility for the Fraud Compensation Fund, which replaces the Pensions Compensation Board. The fund will provide compensation to occupational pension schemes that suffer a loss that can be attributed to dishonesty.

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Delays can halve pension

University graduates risk cutting their pension funds in half by delaying contributions until they are 30, warns HSBC. Almost half of young people believe they are too young to prioritise their pension, with 48 per cent of 16-24-year-olds ignoring the need for a pension. Research by NOP in February for HSBC questioned 981 adults aged […]

Schroders drops F&C for Insight

Schroders multi-manager team switched its propoerty investment, taking profits and further backing its conviction on the outlook for Japan.

Skills Council axes five staff

The Financial Services Skills Council is to lose one in seven of its workforce due to restructuring and a change in Government policy. The FSSC, which provides leadership for training, education and development in the industry, is reducing staff numbers from 35 to 30. It says the move results from a change in Government policy […]

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