Uncategorised

Pilots have backed British Airways' plans to plug its £2.1bn pension deficit by an overwhelming majority of 88pc.

Schemes are embracing April's A-Day tax simplification changes but more slowly than expected, Punter Southall claims.

BRITAIN'S top 300 civil servants have combined pensions worth nearly £250m, research by the Liberal Democrats shows.

Clerical Medical is to close its group pensions to new business from April 16 but will continue to service its existing book of group schemes.

A PETITION urging the prime minister to scrap new taxes that would prevent alternatively secured pensions being passed on as inheritance has been launched.

UK campaigners hoping to scrap mandatory retirement ages have a "mountain to climb" following a European ruling on a Spanish age discrimination case, lawyers say.

SCOTTISH health workers and teachers have secured their final salary pensions but they will have to pay increased contributions.

PENSION and employee benefits group Xafinity has rebranded its individual businesses.

Rules designed to stop high earners avoiding tax if they breach the lifetime pension allowance are causing problems for poorer pensioners, First Actuarial claims.

Providing details on scheme wind-up victims to the government-backed Financial Assistance Scheme will cost between £2m and £3.4m, MPs have been told.