UK - Humberside Fire and Rescue Service's £6.2m pension deficit could rise to £12m in the next few years, the fire authority has been warned.
Employers said that a £1.6m deficit 10 years ago had risen to £6.2m and looked set to almost double as the large number of fire-fighters taken on in the 1970s, when the shift system changed, became eligible for retirement.
The gap will have to be plugged through either an increase in council tax, cuts to the service or intervention from central government.
Ex-BHS owner Dominic Chappell has been ordered to pay a total of £87,000 in fines and court costs after he was found guilty of failing to provide The Pensions Regulator (TPR) with information.
The Department for Work and Pensions (DWP) has said it while believes in the benefits of consolidating defined benefit (DB) schemes, there are significant issues to overcome.
There is just one week left to register to enter the Workplace Savings and Benefits Awards 2018.
Nearly a third (32%) of employers believe new technologies, such as augmented and virtual reality, will play a part in benefits communications, latest research from Aon Employee Benefits reveals.