News

The government must conduct a full review of the 'uncontrollable' cost of regulation and the impact it is having on businesses, according to Tenet.

Local council pensions have a total deficit of £54bn, equating to about £2,000 for every family in the country, according to research from the Taxpayers' Alliance.

The number of Guernsey-based qualifying recognised overseas pension schemes (QROPS) has been slashed by HM Revenue & Customs (HMRC) from 313 to just three.

Pension transfer providers believe The Pensions Regulator (TPR) should issue guidance to trustees to simplify and speed up the process, according to a government report.

UCIS TIPS

NBNK has made a revised offer to Lloyds Banking Group to buy the 632 branches it was due to sell to Co-operative Group.

Annuity providers marginally increased single life annuity rates this month following the rise in gilt yields to just under 3%, figures have shown.

The sale of variable annuities and advice given to consumers will be closely scrutinised to limit potential mis-selling, a European Union (EU) pension body says.

An action group representing hundreds of Keydata investors has called on the Financial Services Compensation Scheme (FSCS) to back its litigation against the multi-national firms which acted on the SLS Capital and Life Settlement Capital Bond Schemes....

Widespread errors in government estimates of life expectancy could end up costing taxpayers billions, the International Monetary Fund warns.