HSBC is to close its defined benefit scheme to future accrual next year after launching a consultation with employees.
The trustees of the Wightlink pension scheme have appointed Punter Southall to provide a full service of actuarial, consultancy and administration services.
Amec has closed its career average revalued earnings schemes to new members and offered cash lump sum settlements despite its principal scheme being in surplus, its full-year results show.
Rolls Royce has seen its UK schemes' funding position fall by 28% due to a decrease in the value of assets, its 2012 results show.
At last week's PP Pensions and Benefits Communications Forum, the day rounded off with a panel discussion on how to refresh the image of pensions and communicate with a younger audience.
The Pensions Advisory Service has revealed the top five complaints it receives from members and advised on how to avoid running into the problems.
Employers should not be as worried as they currently are about the definition of ‘worker' for auto-enrolment, consultants have advised.
The aggregate deficit of UK private sector schemes has decreased by £33.5bn over January, research from the Pension Protection Fund shows.
Barclays Group deficit across all its schemes has increased by 550% over 2012 rising by £1.1bn to stand at £1.3bn, its final results have shown.