British Telecom Pension Scheme pensions director Kevin O'Boyle speaks to PP senior correspondent Giovanni Legorano about how an internal review led the fund to shift to a contract based scheme for the defined contribution members.
O'Boyle explained the review also involved the defined benefit scheme, which moved from a final salary to a career average revalued earning basis. In addition, he talked about how the fund improved...
Savers accessing defined contribution (DC) pension pots for the first time rose to an all-time high just before the coronavirus pandemic, Just Group 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 premise of auto-enrolment (AE) as a tool to boost both short- and long-term financial resilience will face its first true test as the effects of Covid-19 continue to play out, says Nest.