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ING, a Dutch bank that has racked up huge losses, reported a small quarterly profit, its first for a year.After a lengthy pursuit, Friends Provident, a British life insurance and pensions provider, agreed to a £1.9 billion ($3.1 billion) takeover from Clive Cowdery's Resolution.Toshiba said it would start manufacturing Blu-ray disc players.
Why, asks Whitehall, should taxpayers compensate some savers who just chose the wrong pensions provider?
Tomorrow will also bring an update from the pensions provider Just Retirement, full-years from Experian and Enterprise Inns' interims.
Here's the details (from page 73) Photograph: HM Treasury 5.01pm GMT One more casualty of the annuity changes -- shares in Partnership, the specialist pensions provider, slumped 55%.
Ann Flynn, head of workplace communications at pensions provider Standard Life, said: "Many people simply aren't saving for their older age.
It is concentrating on a few high-growth markets such as Indonesia (where it has just set up a joint venture), Turkey (where AvivaSA is the second biggest private pensions provider) and Poland (where it is the second pensions provider and third insurer).
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The powers of the pensions ombudsman are laid down by law, and cover all pensions providers.
Pensions providers claim 2013 will be a time of great innovation in scheme design.
I understand that it could cause huge financial difficulties for pensions providers.
If in any doubt, contact your pension provider or Pension Wise".
This will explain who the pension provider is.
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CEO of Professional Science Editing for Scientists @ prosciediting.com