Fifteen UK teaching associations have set up the Teachers' National Stakeholder Pension Scheme under the Trade Union Congress's (TUC) existing stakeholder plan.
The scheme is open to teachers earning less than £30,000 per year.
Information about the new scheme is currently being mailed to 35,000 schools and colleges in England and Wales starting this week.
The plan runs alongside the final salary teachers’ pension scheme and current additional voluntary contribution (AVC) arrangements, and will be administered by Prudential.
By Janet Du Chenne
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.