Some 250 ex-employees of IBM are taking legal action against the company they claim "forced" them into early retirement to avoid taking massively reduced pension benefits.
The claims - being brought by Hampshire-based solicitors Now Legal - are unfair dismissal and unlawful age discrimination, brought after the IT consulting firm announced changes to its defined benefit...
“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.