Debenhams' defined benefit (DB) pension schemes will be "carrying on as usual" despite the department store chain falling into administration, the trustees have confirmed.
The struggling retailer had agreed a £200m refinancing lifeline with lenders at the end of March, which included support for its two schemes: the Debenhams Retirement Scheme and the Debenhams Executive...
The Money and Pensions Service (Maps) has launched a financial wellbeing strategy to address poor financial wellbeing in the UK.
Only a “comprehensive rethink” will be able to fix the “bloated, inefficient mess” of the current pension tax system, says Hargreaves Lansdown head of policy Tom McPhail.
The Pensions Ombudsman (TPO) has rejected a number of complaints from members of the embattled and collapsed British Steel Pension Scheme (BSPS).
This week’s top stories include reports of HM Treasury’s plans to give higher tax relief to those earning over £110,000, and Sir Steve Webb’s move from Royal London to Lane Clark and Peacock.
Plenty of risk remains in the Pension Protection Fund's (PPF) universe but the outlook on funding levels is positive, the lifeboat says as it launches its 2019 Purple Book.