The Competition Commission has ruled against BT's attempt to pay down its scheme deficit by increasing the charge it levies on competitors to use its broadband line.
Regulator Ofcom had already said in its Wholesale Broadband Access Charge Control Statement, published July 2011, that BT could not include the cost of scheme deficit repayments in the base cost determining...
“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.