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The Pensions and Lifetime Savings Association represents 1,300 pension funds which together provide pensions for 22 million people and have more than £1000 billion of assets. [2] Members' pension schemes include defined benefit, defined contribution, group personal pensions and statutory schemes such as those in local government.
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Tesco Personal Finance Limited, [1] trading as Tesco Bank, is a British retail bank which was launched in July 1997. The bank was formed as part of a 50:50 joint venture between The Royal Bank of Scotland and Tesco , the largest supermarket in the United Kingdom, employing 2,800 people.
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Tesco Ireland operates a number of Tesco Extra hypermarkets in Ireland, with Clarehall Extra on the Malahide Road being the first to open in 2006. Tesco's largest hypermarket store in Europe, with a floorspace of 18,500 m 2 (199,000 sq ft), opened in Dundalk in County Louth in November 2010.
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Tesco has operated on the Internet since 1994 and started an online shopping service named 'Tesco Direct' in 1997. Concerned with poor web response times (in 1996, broadband was virtually unknown in the United Kingdom), Tesco offered a CDROM-based off-line ordering program which would connect only to download stock lists and send orders.