Barnet Council has appointed West Yorkshire Pension Fund (WYPF) to replace Capita to administer its local government pension scheme (LGPS).
The government-backed Star Initiative has reached 50 signatories, surpassing its initial target of 30. Holly Roach looks at the project’s progress.
Just one in three UK businesses have reviewed their pension strategy in the last two years, according to research by Capita Employee Solutions.
This week's top stories include Smart Pension and Legal & General revealing a prototype demo of their workplace retirement income product, combining drawdown and annuities.
This week's top stories include two men being sentenced to jail after coaxing savers to transfer £1m to a fake scheme.
Capita has set out plans to transform its business and raise £701m in additional capital at the same time as it unveiled a £513.1m annual loss.
Martin Freeman has been hired as head of technology product and development at Smart Pension, to support the 'growing' technology product side of the business.
John Gray says we should think about investing more locally, but there are a number of serious practical investment problems to overcome
This week's top stories were Capita's shares falling by over 40%, and Royal Mail reaching agreement with its union to launch the UK's first collective defined contribution scheme.
Shares in Capita have fell by over 40% this morning after the outsourcing firm announced it had suspended its dividend and initiated a multi-year transformation plan.