Unions have criticised the University of Southampton for planning to close its lower-tiered earners' defined benefit (DB) pension scheme while paying its vice-chancellor over £400,000 a year.
Unite and Unison said the proposal to close the defined benefit (DB) Pension & Assurance Scheme for Non-Academic Staff (PASNAS) scheme would hit lowest paid staff the hardest. These include 2,080 support...
A Merseyside pre-school nursery and its director have been ordered to pay £8,200 after admitting failing to enrol members of staff into a workplace pension scheme.
There are a wide range of possible life expectancy disruptors. PwC's Paul Kitson looks at how one of these, wearables, could impact schemes.
Defined benefit (DB) trustees are now required to contact financial advice firms to ensure staff providing advice to a members are compliant under new adviser rules before carrying out a transfer exercise.
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the October 2019 estimates on the various measures…
Justice Antony Zacaroli has approved the settlement deal between British Airways (BA) and the trustees of the Airways Pension Scheme (APS).