IRELAND - More than three-quarters of private sector final salary schemes would not be able meet total pension payments if they were required to do so tomorrow, the Irish Business and Employers Confederation (IBEC) claims.
The trade body has re-iterated its warning that a number of private sector defined-benefit (DB) schemes were in danger and needed to be urgently reformed. IBEC director Brendan McGinty said employers...
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.
A second employer has been appointed to stabilise the National Institute of Agricultural Botany (NIAB) pension scheme after intervention from The Pensions Regulator (TPR) when trustees failed to agree a valuation in 2015.