News

Auto-enrolment will force small employers to reduce benefits and potentially freeze recruitment to meet rising pension costs, trade bodies have warned.

The Federation of Small Businesses (FSB) has set up a multi-employer pension scheme for its members in preparation for auto-enrolment.

The Financial Services Compensation Scheme looks set to stump up $10m to allow a controlled liquidation of Lifemark after the main contender for a rescue of the fund pulled out.

The Treasury's "reference scheme" is being used as the basis on which a new public sector pension scheme will be designed. We look at what has changed.

The government has offered unions an improved pension accrual rate and more protection for workers approaching retirement in a concession on public sector pension changes.

Invesco PowerShares has launched sector ETFs, tracking KBW indices for the banking, capital markets, insurance and regional banking sectors.

Friends Life has signed a new long-term agreement with Best Doctors to include its service in its individual protection policies sold through recognised IFAs.

Bupa is to cut ties to individual hospitals within hospital groups, in an attack on the sector's business model.

Structured product providers must consider the needs of the retail consumer at the end of the supply chain and not just regard distributors as the ‘end customer', the FSA has said.

The Financial Services Authority's (FSA) investigation of drawdown advice will look back further than April, the regulator confirmed.