The Communication Workers Union (CWU) and Royal Mail Group are very close to securing an agreement on a collective defined contribution (CDC) plan for all members.
The CWU was reporting on ongoing negotiations relating to the company's plans to shut the defined benefit (DB) Royal Mail Pension Plan (RMPP) to future accrual - as well as other issues such as pay and...
Pension schemes have been “shoehorned” into valuing liabilities against gilts, creating a “herd mentality” that does not reflect scheme funding accurately, says PwC.
As over 1,000 DB schemes seek to agree a valuation amid the crisis, Hope William-Smith looks at the considerations.
Trustees should have the ability to pause suspected scam transfers, respondents agreed in a Professional Pensions poll.
Defined benefit (DB) scheme members with weaker employers face a 50% chance of a cut in benefits due to sponsor insolvency, according to Hymans Robertson.
Mercer has launched a defined benefit (DB) master trust in a bid to offer a “best-in-class solution” that recognises the shrinking universe.