A light fittings company has been hit with an £80,000 scheme sanction charge by HM Revenue & Customs for making an unauthorised loan from its pension fund to an affiliated business.
Latest articles from Benjamin Mercer*
A light fittings company has been hit with an £80,000 scheme sanction charge by HM Revenue & Customs for making an unauthorised loan from its pension fund to an affiliated business.
A British Airways defined benefit scheme is shrinking its trustee board size, due to decreased workload after a buy-in and successfully weathering the Covid-19 funding storm.
On the go: The government has cautioned against savers making hasty alterations to pensions, warning that rash decisions motivated by fears surrounding the coronavirus crisis and market crash may be exploited by scammers.
The Covid-19 pandemic has shown how important environmental, social and governance factors are when making investment decisions, according to analysts.
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