GREECE - Greece has frozen all state pensions as part of a package of measures worth €4.8bn (US$6.5bn), erasing the announced increases included in the previous budget.
According to a statement by the Ministry of Finance, the government will also reduce public sector nominal wages and pensions, in a bid to save 0.7% of gross domestic product, which equals to €1.7bn...
Ten master trusts will pay at least 25% of the total general levy despite holding just 2% of assets, according to The People’s Pension (TPP).
The Department for Work and Pensions’ consultation on increasing the general levy has closed. Holly Roach looks at the industry’s response to its proposals
A pension schemes bill is set to be laid in parliament in the coming weeks after the government announced a wide-ranging suite of reforms in the Queen’s Speech today.
Partner Insight: Members' evolving needs and expectations are driving changes in scheme administration. As the pensions landscape inevitably continues to change, how will your scheme's approach need to develop to keep pace?
Partner Insight: Increasingly from a scheme perspective, keeping up with routine administration demands is only half of the challenge.