Switching the indexation of public sector pension benefits from RPI to CPI in March 2011 saved the government £126bn, a report says.
The Whole of Government Accounts 2010/11, published today, show the liability for public sector pensions fell from £1.14trn in 2009/10 to £960bn by March last year. Re-indexing the pension benefits...
“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.