On the go: The Pensions Ombudsman has ordered Bionica Systems to pay missing contributions of £2,311.86 into an employee’s scheme, and a further £1,000 for the ‘serious distress’ caused by the error.
National Grid loaned DB schemes £325mn during gilt crisis
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November 11, 2022
On the go: The National Grid stepped in to loan £325mn to two of its defined benefit pension schemes during the recent crisis in the gilt markets at the end of October, according to its latest half-year results.
Truell seeks London listing for Long Term Assets
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November 11, 2022
On the go: Long Term Assets Limited, led by Pension Insurance Corporation founder Edi Truell, has announced its intention to list its shares on the London Stock Exchange.
FBU hits out at senior firefighter use of 'retire and rehire' practice
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November 9, 2022
The Fire Brigades Union has accused some senior bosses across 13 UK fire and rescue services of having used controversial arrangements to access their pension early.