Defined benefit scheme sponsors must be cautious about moving members who work beyond the normal retirement age into defined contribution schemes, a lawyer warns.
The National Association of Pension Funds fears a ‘governance vacuum' in trust-based defined contribution schemes if the government scraps short service refunds.
Members of the Association of Teachers and Lecturers have today called for a ballot on strike action to try and protect their pensions.
The trustees of the £140m UK PZ Cussons Retirement Benefits Plan have appointed Mercer to provide implemented consulting services.
Some seven out of ten employers are yet to begin preparations for employer duties despite them coming into play next year, latest research shows.
Prudential has won its High Court dispute with members of its pension scheme over changing the basis on which it granted discretionary increases to pensions in payment.
Lifestyle strategies in the UK defined contribution market are too rigid and their underlying asset allocation and management is not dynamic enough, ATP says.
Government signs over civil service pensions to private-sector mutual; Teachers in strike threat
The Alumasc Group has contributed half of the net proceeds of the sale of its subsidiary Alumasc Dispense to its two defined benefit pension schemes, it announced today.
The average FRS17 funding level of university pension schemes improved three percentage points last year due to recovering equity markets, Barnett Waddingham research shows.