Unions representing 1.5 million local council workers are to ballot for strike action over plans to raise their retirement age from 60 to 65. These workers were excluded from DTI Secretary Alan Johnson’s deal with other public sector workers.
Yorkshire Building Society is launching a new 10-year fixed rate mortgage at 4.69 per cent.The deal will be available in branch, online and by telephone from Friday January 27.Interest is charged daily, and loans are available up to 95 per cent LTV. ASU insurance is included free for the first six months.There is a 495 […]
FundsNetwork has appointed Nic Burton from Scottish Widows as head of insured propositions. At Scottish Widows Burton managed savings and investment products for the UK IFA market, as well as structured and guaranteed products through the bancassurance channel at Lloyds TSB.Burton will have management responsibilty for the platform’s recently launched onshore bond, and planned offshore […]
The Pensions Regulator (TPR) has released advice on communications for employers, including three tips to help you with your auto-enrolment duties. 1. Allow enough time to select your pension schemeIt’s recommended that you start to prepare for auto-enrolment at least 12 months in advance of your staging date; additionally, give yourself time to choose the […]
As we hurtle towards the new year, it is worth remembering much of the so-called client-centricity discussed is, in fact, little more than process that will not determine whether you win, lose or draw. Sure, a process needs to be reliable, cost-efficient and to point the right service at the right people. But it is […]
The Association of Member Nominated Trustees and the UK Sustainable Investment Association have urged pension funds to keep an eye on whether their investment consultants’ sustainable investment advice lives up to the minimum service requirements under regulation. The AMNT and UKSIF says consultants should meet minimum requirements as soon as possible so as not to […]