The government has lost its long running court battle over its obligations to fund the BT Pension Scheme deficit should it go bust.
The legal wrangle over the extent of the Crown Guarantee was ruled on by the High Court today. Justice George Mann ruled the government could be liable for liabilities accrued after BT was privatised...
“Mounting red flags of financial stress” have meant almost two-thirds of listed companies with defined benefit (DB) schemes have issued profit warnings this year, EY says.
With rumours once again swirling around the future of pensions tax relief in the run up to this year's Budget, any reduced incentive for long-term savers could risk further exacerbating the generational divide in pensions, says Tom Selby
Trustees are set to have an increased duty of care to ensure employees and members make informed choices when accessing their pension, according to Wealth At Work.
The Family Building Society’s 250-member defined benefit (DB) scheme has transferred into TPT Retirement Solutions’ master trust, DB Complete.