UK - Women typically receive pensions worth 60% less than men, research from the Transport & General Workers' Union has discovered.
It says male pensioners have an average weekly income of £169 compared with £100 for women. T&G national organiser for women, race and equalities Diana Holland said: “The government must make closing the pensions gender gap a major priority.”
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.