Paul Kennedy explains how the Financial Reporting Council intends to exercise its responsibilities for actuarial regulation and quality in the coming year
More than half of all the fines handed out to financial services firms by the Financial Services Authority last year were a result of weak risk management systems, according to the Chartered Institute of Internal Auditors.
A new code of conduct that aims to help retirees make the most of their pension savings by increasing transparency in the annuity market and encouraging people to shop around for the best annuity rate has been launched by the Association of British Insurers.
Uniq plc Pension Scheme's withdrawal from Pension Protection Fund assessment is a shining example of what close and positive cooperation between the pension trustee, sponsoring employer, regulator and lifeboat fund can achieve, according to the Pensions Regulator.