The Royal Mail's £10.3bn pensions deficit will be taken on by the tax-payer next spring as legislation to privatise the service is expected to become law next week.
The measures are in the Postal Services Bill which is waiting for royal assent after the House of Commons yesterday accepted amendments proposed in the Lords - including three relating to the pension fund...
A pension schemes bill is set to be laid in parliament in the coming weeks after the government announced a wide-ranging suite of reforms in the Queen’s Speech today.
Partner Insight: Members' evolving needs and expectations are driving changes in scheme administration. As the pensions landscape inevitably continues to change, how will your scheme's approach need to develop to keep pace?
Partner Insight: Increasingly from a scheme perspective, keeping up with routine administration demands is only half of the challenge.
Partner Insight: Member engagement with pension schemes is increasing, giving administrators ever more interactions to deal with. In this article, Aon looks at the increase in requests relating to scheme transfers.
Partner Insight: In recent years, pensions administrators have seen scheme member engagement increase significantly. The advent of pension freedoms in 2015 and the increased choices faced by members have led to a sea-change in the levels and types of...