UK - The number of Pension Credit recipients went up by 110,000 people in February, figures from the department for work and pensions show.
The overall amount has now risen to 2.73m individuals across the country since it was first introduced in October.
Work and pensions secretary Andrew Smith said: “People up and down the country are claiming the money and help that they are entitled to. There is no doubt that Pension Credit is playing a crucial role in rewarding people who have saved for retirement and in lifting pensioners out of poverty.”
The directors of collapsed construction giant Carillion were "contemptuous" of funding their defined benefit (DB) pension schemes, and "refused to give an inch", Frank Field has alleged.
The PPF 7800 deficit was slashed in half last month as gilt yields rose. Victoria Ticha asks if this is the start of a longer trend
Frank Field is to warn Sir Philip Green not to sell his Arcadia business without ensuring defined benefit (DB) pensions are adequately protected, PP can confirm.
Some 79% of people would like to see stricter rules and checks to ensure pension pots are secure, according to a survey by the Pensions and Lifetime Savings Association (PLSA).