News

Absence management procedures have not kept pace with technology and the way Britain works, resulting in serious welfare, management and productivity issues, a new report has said.

Questions have been raised over pension provider Rockingham Group Plc, after a first strike-off notice from Companies House was posted in January.

Just one in 20 employers intends to use the National Employment Savings Trust (NEST) for auto-enrolment, according to Punter Southall research.

Ellipse has entered the group income protection (GIP) market with the launch of its InteractPlus product which includes an integrated absence management system.

Brewin Dolphin saw a 6% fall in revenues over the 13 weeks to 31 December 2011, although assets under management grew, according to an interim management statement released today.

Trade associations across Europe have welcomed proposals by the European Securities Markets Authority (ESMA) to increase investor protection and transparency on UCITS, but concerns remain over consistency of approach in relation to non-UCITS funds.

Fixed term annuity (FTA) provider Living Time will relaunch as Primetime Retirement in Q1 this year.

Aviva has sold off its interests in the Czech Republic, Hungary and Romania to MetLife in a €57m deal allowing Aviva to concentrate its focus on those markets where it has "strength and scale".

Unsecured lending to consumers fell the most in almost 20 years last month, the Bank of England (BoE) said, reigniting expectations it would authorise further asset purchases next month.

The Department of Work and Pensions (DWP) has admitted it overestimated the number of workers who will be auto-enrolled by the end of this parliament.