Spring has arrived. Not only has the equinox passed, the weather has improved and, for the first Budget in recent years, the Chancellor said relatively little about occupational pensions - giving cause for a collective sigh of relief from the industry.
While there was some bad news for pensioners in the form of the freezing of age-related allowances, there was good news for those who would become pensioners in the future – with a commitment to introducing...
This week's top stories included analysis suggesting the British Steel Pension Scheme could have a £2bn surplus, while the Treasury removed its controversial MPAA cut from the Finance Bill.
Members of master trusts will see greater protection as new rules for an authorisation regime and capital adequacy have been signed into law.
Royal Mail has offered its employees a cash balance defined benefit (DB) scheme as a compromise for closing its current career average DB scheme to accrual.
The question of the state pension age will not be answered before the snap general election, the Department for Work and Pensions (DWP) has told PP.