News

Fairline Boats has entered administration after being accused of missing three months of contributions to worker's pensions.

The number of people transferring out of defined benefit (DB) schemes each month doubled over the last year, according to figures from Xafinity.

Defined benefit pension schemes should be braced for a year of low funding ratios, weaker returns, and more volatility against an uncertain economic backdrop, according to BlackRock.

Trustees and their advisers can do little to plug deficits of defined benefit (DB) schemes in the face of market forces which are beyond their control, says Andrew Warwick-Thompson.

British Land and Barratt Developments claimed the top two awards at the IFS Proshare awards.

Broker Marsh has completed its acquisition of Jelf Group following approval by shareholders and regulatory authorities.

The Office of Tax Simplification (OTS) is launching its consultation into the closer alignment of income tax and national insurance contributions (NICs).

Fairline Boats has been accused of missing three months of pension contributions for its 468-strong workforce.

Mercer has appointed Wayne Davidson as senior consultant in its investment advisory service as the firm looks to grow the business.

Two out of three people believe they will have to work past 65, mainly because they do not expect to have enough money to retire, research finds.