The decision to increase public sector employee pension contributions is expected to net the Treasury an extra £2.9bn in 2014-15, according to official figures.
This exceeded the government's initial estimate of savings worth £1.8bn from the hike in contributions, which was first outlined in the 2010 Spending Review on recommendations made in the Hutton Report....
Mitchells & Butlers has deferred £13m of deficit recovery contributions (DRCs) after tier four Covid restrictions wreaked havoc across the hospitality sector.
British Airways (BA) has deferred deficit recovery contributions (DRCs) totalling £450m following an agreement with trustees after a catastrophic year for the airline industry.
Jump from 554 in 2019
The Plumbing and Mechanical Services (UK) Industry Pension Scheme was 99% funded on a low-dependency basis, a valuation conducted amid economic turmoil has confirmed.
Professional Pensions rounds up some of the latest tender awards from across the industry.