The government should move public sector pensions to a funded model to create a £30bn a year ‘sovereign wealth fund' to invest in long-term projects, argues a Conservative backbencher.
Bedford MP Richard Fuller argued in a private members debate yesterday that the switch from the current tax-as-you-go model would also promote intergenerational fairness. He said it would also help...
“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.