Global inflation will erode defined benefit deficits substantially but savers will have to accept they will be far worse off, Lindsay Tomlinson warns.
The National Association of Pension Funds chairman said the threat of inflation was currently being kept under control by global government policy but it would definitely grow in coming years. Speaking...
“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.