QinetiQ has agreed a funding plan with trustees to tackle its £75m pension deficit after a High Court ruling cleared the way for it to switch to Consumer Prices Index-linking.
The average defined contribution member has lost £2,750 a year from their income in retirement over the last year, research finds.
An e-petition calling for the restoration of age-related tax allowances has been signed by more than 25,000 people since it was launched last Thursday.
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The aggregate deficit of schemes in the Pension Protection Fund 7800 index fell slightly last month from £265.6bn to £222.2bn.
Trustees risk seeing their Pension Protection Fund levy rise by "millions" if they do not focus on the type of guarantee given by scheme sponsors, Mercer warns.
The revised auto-enrolment implementation schedule will net the government £380m in reduced tax relief on pension contributions, according to budget documents.
Chancellor George Osborne has confirmed that Royal Mail Pension Plan Assets to be transferred to the Treasury will be used to pay off government debt.
The European Commission has approved plans for the UK government to take on the liabilities of the Royal Mail Pension Plan.
The Life and Longevity Markets Association has launched a set of four indices to be used a global reference for the transfer of longevity risk to investors.