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Virgin in stakeholder fines warning

UK firms could face total fines of up to £2.5bn for not meeting the

Government&#39s stakeholder regul-ations, according to Virgin Direct.

According to Virgin&#39s research, there are around 50,270 comp-anies which

have yet to act on their stakeholder compliance duties and could face fined

of up to £50,000 by Opra.

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David Cameron appoints former adviser to Tony Blair as new pensions minister

Following a cabinet reshuffle in light of last week’s general election, David Cameron has announced that Ros Altmann will be replacing Steve Webb as pensions minister. As the industry works with one of the largest reforms to the sector in almost a century, the former adviser to Tony Blair has been tasked with ensuring that the pensions revolution does not stray off track.

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