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RSM Tenon cleared in unfair dismissal case

RSM Tenon has been cleared in a case of unfair dismissal brought by a former senior manager who accused the firm of false accounting, according to The Times. Duncan Swift, who was director at the Southampton office, said Tenon dismissed him for blowing the whistle on poor practices in its recovery division. Swift allegedly recognised […]

Sentance warns that inflationary pressure will force rise in rates

Former Bank of England monetary policy committee member Andrew Sentance believes that inflationary pressures may force the BoE to consider increasing interest rates in the near future. In a letter published by The Daily Telegraph this week, Sentance said that the committee has been relaxed over inflation, having held bank rate at 0.5 per cent […]

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Employers are willing to shoulder retirement risk, says Webb

Pensions minister Steve Webb insists there is demand from employers to take on retirement risk despite the continuing closure of private sector defined-benefit schemes. The Government plans to explore ways to encourage employers to take on more pension risk as part of a consultation on reinvigorating occupational pension provision due to be published later this […]

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