UK - First and second class stamps are to rise by 1p on May 8 in part to help Royal Mail meet the spiralling costs of its £15bn valued pension schemes.
Royal Mail is having to make £330m in extra payments to its schemes over the next two years following the results of an interim valuation.
The Howden Group Pension Plan has completed a full pensioner buy-in with Legal & General (L&G), insuring benefits for around 2,000 members.
Professional Pensions is looking to update its list of pensions master trusts in the UK ahead of authorisation. Can you help?
Concern about the potential impact on employer covenants has been rated the top risk for defined benefit (DB) schemes, according to a PTL survey.
Jonathan Stapleton says the DWP's progress on CDC is a welcome, and cautious, step forward.