Its good and bad news as far as pensions go in this morning's papers with the Transport and General Workers' Union firstly reacting angrily to reports the "Phoenix Four" directors of MG Rover have pledged just £5,000 each towards a trust fund set up for the 6,000 workers who lost their jobs when the carmaker went into administration.
The Guardian says initially, the four men, who bought MG Rover from BMW for £10, said they would contribute assets of up to £50m to the fund - though the value was subsequently scaled back to between £10m...
First of a number of acquisitions
The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.
West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.
Employers need to do more to inform employees unaware of auto-enrolment Scottish Widows research shows.
Naomi Osinnowo asks what needs to be done to get people to engage with retirement planning.
Highlights ongoing ‘pensions crisis’
It’s The Pro Adviser Podcast
Quilter's Jennifer Christian joins as investment specialist
Due to Covid-19
FCA offers response to column