The publication of the Pensions Regulators first annual funding statement has already elicited a considerable response from actuaries and others involved in the pensions industry.
The Financial Services Authority has published new rules and guidance which aim to reduce the number of transfers from defined benefit pension schemes to personal pensions.
Banks and insurers should review and adapt their enterprise risk management to address the risk and uncertainties introduced by financial innovation, the World Economic Forum said yesterday.
Financial regulation in Europe must strike a balance between more integration in some areas and strong national powers in others, the chairman of the Financial Services Authority, Lord Adair Turner, said today.
Most defined benefit schemes should be able to meet their pension promises to members with little or no change to their present deficit recovery plans, but struggling schemes will be given breathing space to fill deficits, the Pensions Regulator said today.
One in seven large UK organisations was hacked last year and the annual cost to companies of security breaches now runs to billions of pounds, PricewaterhouseCoopers said this week.
Pension Insurance Corporation has completed a pension insurance buy-out agreement for the staff pension scheme of the City of Londons premier livery company, The Mercers Company.
Traded life policy investments are high risk products that should not be promoted to the vast majority of retail investors in the UK, the Financial Services Authority has said.
The continued effects of the global economic crisis were the main factor influencing Aon Risk Solutions decision to downgrade 37 countries in its 2012 Terrorism and Political Violence Map yesterday.
