Tate & Lyle has begun a consultation with employees over the closure of its defined benefit scheme to future accrual from April 2011.
From October 2012, large, small and micro employers will have to comply with auto-enrolment pension legislation and The Pensions Regulator will be at the helm of the employer compliance regime. Jenna Towler talks to TPR programme manager Charles Counsell...
Last week I spent part of my holiday visiting Blackpool's illuminations.
British Airways saw its net pensions deficit increase from £307m to £2.6bn following an interim valuation.
DENMARK - The government's measures to prevent pension funds from offloading mortgage bonds has helped strengthen the Danish economy, the OECD said.
US - A Congressional vote yesterday cleared the way for pension funds and other shareholders to nominate board directors.
UK/US - Pensions trade bodies in the UK and US have agreed to share information they believe will help them strengthen defined benefit schemes.
Less than one in five people would remain automatically enrolled in personal accounts when they are implemented in 2012, according to AXA.
The deficit of the Pension Protection Fund increased to £1.2bn in the 12 months to March, its annual report reveals.
Pensions trade bodies in the UK and US have agreed to share information they believe will help them strengthen defined benefit schemes.