Jaguar Land Rover has restored the link to the Retail Prices Index for 1,000 of its pensioner members after union negotiations.
Former Ford employees from the firm's Halewood plant previously had their benefits linked to the Consumer Prices Index after the government's decision to switch inflation measures used for uprating benefits....
“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.