The Pensions Regulator (TPR) has handed Link Pension Trustees fines totalling £103,750 for multiple breaches of pensions law in relation to the McDonald's Franchisee Pension Scheme.
The defined contribution (DC) master trust provides benefits for 148 members of staff at 32 McDonald's franchises, but is independent from the overall McDonald's corporation, and has seven active members....
Chancellor Rishi Sunak has confirmed a salary top-up scheme designed to minimise job losses over the next six months will be introduced on 1November as tighter Covid-19 restrictions remain in place.
The Pensions and Lifetime Savings Association (PLSA) has published vote reporting templates to assist schemes in disclosing how they enact shareholder voting rights.
The industry is split on whether The Pensions Regulator’s (TPR) January removal of late payment reporting flexibility is too early, a Professional Pensions poll shows.
Hymans Robertson has cut the carbon footprint of its pension plan by around 33% while delivering lower charges by launching a fresh default investment strategy.
The November Budget will not go ahead due to the ongoing coronavirus crisis, according to reports.