US - Vanguard has launched a new service to advise defined benefit scheme members ahead of anticipated widespread pension plans closures.
The firm said it was launching Vanguard Pension Reinvestment Services ahead of the introduction of new Pension Protection Act (PPA) rules in 2012, which it expects will make the termination and distribution...
“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.