Uncategorised

Icelandic retail group Baugur is set to make a formal bid for House of Fraser after reaching a deal over its £106m pension scheme deficit.

INSTITUTIONAL investors should reject bosses' pay plans at material technology firm Dyson Group because executive remuneration "falls far short of best practice", governance experts say.

BA employee costs up

The dominance of the "Big Four" accountancy firms has made scheme auditing an "homogenous, commoditised offering", Hermes Pensions Management claims.

CALCULATIONS for defined benefit transfer values must be changed if employees are to avoid "draconian" financial penalties, experts warn.

OVER a quarter of all workers have no idea what the state pension is, latest research from B&CE Benefit Schemes reveals.

Schemes should do more to make their views on climate change known to politicians to help tackle the threat, Insight Investment says.

SPC evening meetings

The Treasury could net a tax windfall from scheme members who fail to check benefits against their lifetime allowance, Standard Life claims.

UNIONS have warned ministers that raising the state pension age will push more people into poverty unless firms hire more older workers.