EDITORIAL: Yet another major financial institution made the headlines recently with Lloyds Banking Group’s £218 million fine, paid to the UK Financial Conduct Authority (FCA) and various US financial regulators over its manipulation of LIBOR and the Special Liquidity Scheme,
The savings and investment industry is a vital one as no government will be able to plug the savings gap crisis or the alarming increase in pension poverty – in Britain, it’s simply not a good place to grow old.
The UK is in the midst of an occupational pensions revolution as 10 million people are automatically enrolled in a workplace pension for the first time. Labour started this revolution. The last Government was the author of auto-enrolment and began