Charles Taylor's wholly owned Isle of Man-registered closed life business,LCL International Life Assurance Company Limited(LCLI),has agreed to acquire Global Life Assurance(GLA)from Pinnacle. Transaction involves initial consideration ...
Tags: Charles Taylor, LCL, GLA, Pinnacle
Seven firms have been chosen to provide the Identity Assurance service required for benefit applicants to the new Universal Credit welfare scheme. The Post Office, Cassidian, Digidentity, Experian, Ingeus, Mydex, and Verizon will deliver ...
US food giant ConAgra Foods has reported a fourth-quarter loss of US$86m after changes to the way its accounts for its pension costs. The company said today (21 June) its new method of accounting for pensions hit its bottom line in the 13 ...
Dutch's paint and chemicals group Akzo Nobel has signed a longevity insurance deal worth €1.75bn with Zurich-based Swiss Re, under which the reinsurer's UK subsidiary ReAssure will write the UK pension funds of Akzo. As per the ...
Tags: Akzo Nobel, longevity insurance, ReAssure, Towers Watson
Willis Group subsidiary Willis Risk Services (Ireland) (Willis Ireland) has acquired Attain Consulting and its units' Trustee Principles, as part of its ongoing commitment to expand its domestic employee benefits business. As a part of ...
Tags: Willis Group, Willis Risk Services, Attain Consulting, Trustee Principles
Hackers have been able to exploit security flaws in a new government jobs website to steal personal information about job applicants. The Universal Jobmatch website has been described as a"scammer's paradise"in a Channel 4 News ...
Tags: Hackers, security flaws, Jobmatch website, online accounts
The majority(87%)of public sector organisations have no formal bring-your-own-device(BYOD)strategy,according to Freedom of Information research. Of the 41 local and central councils that responded to questions submitted by data backup ...
Tags: public sector organisations, BYOD policies, smartphones, tablets
US packaged foods company ConAgra Foods has reported a net loss of$86.2m for the fiscal 2012 fourth quarter ended 27 May 2012,compared to a net profit of$250.1m in the previous year,owing to charges with regard to a change in accounting ...
Tags: net profit, revenue, price
Computer Weekly has announced the third UKtech50, our annual definitive list of the real movers and shakers in UK IT - the CIOs, industry executives, public servants and business leaders driving the role of technology in the UK economy. ...
Tags: UK IT, UKtech50, ARM, GCHQ, Government Digital Service, Salesforce.com
The Department for Education is cutting IT staff among 1,000 job losses to reduce total headcount by a quarter. The announcement comes as the government aims to shrink Whitehall to its smallest size since the Second World War under the ...
Tags: IT staff, job losses, Civil Service Reform Plan, cutting red tape
The minister for employment,Mark Hoban,is meeting the food manufacturing industry's top players today(November 12)–including Mars,Cranswick and Associated British Foods(ABF)–to offer them cash incentives for employing young ...
Tags: ABF, cash incentive, youth unemployment, Mars
The IT underpinning the government's flagship £2.2bn Universal Credit programme is again being called into question, with reports that the project is now a year behind schedule and £100m over budget due to software issues. The ...
Tags: software, Universal Credit programme, child support payments
The government's Pensions Ombudsman has signed a deal for a case management system via the G-Cloud. The cloud case-management system will deliver a central reference point for individual complaints to the government-appointed regulator. ...
Tags: pensions, watchdog signs, G-Cloud deal, Pensions Ombudsman
The government has published its Digital Strategy document this morning,promising to improve online experiences for service users,and move rapidly towards"digital by default"access channels to replace telephone and in-person transactions. ...
Malcolm Whitehouse, programme director for the government's £2.2bn Cinitiative, has stepped down from the role. Whitehouse is to be replaced by the Department for Work and Pensions (DWP) benefits director Hilary Reynolds and will ...
Tags: Malcolm Whitehouse, DWP, Hilary Reynolds