A Lloyds Bank union is taking legal action to close the pay gap between men and women who took out guaranteed minimum pensions (GMPs).
Lloyds Trade Union (LTU) hopes the case, which will be brought on the grounds that "sex discrimination is unlawful", will remove a £2,000 per year gap in the company's defined benefit (DB) schemes...
DB scheme consolidator Stoneport hopes to get 100 schemes signed up by the end of next year, but employer covenant will be vital, chief executive Richard Jones tells James Phillips.
The outlook for future longevity in the UK has not necessarily worsened as a result of the coronavirus pandemic, Aon says.
Administration should be focused on what the member would ideally want, thereby delivering a better services, says John Simmonds.
MPs on the Work and Pensions Committee (WPC) will assess the availability of financial advice in the second stage of its pensions freedom inquiry.
The Pensions Regulator (TPR) has published a regulatory intervention report on the case of jailed former charity for the disabled trustee and chief executive Patrick McLarry.