The Teachers' Pension Scheme (TPS) will be given £940m of government funding in an aim to ensure it remains "among the most generous in the country".
Following a consultation, the Department for Education yesterday (11 April) announced it will fully cover the increase to pension contributions required from state-funded schools and colleges in 2019/20....
Life expectancy grew by less than a year for both men and women in the last ten years, with health inequalities widening at the same time, the Institute of Health Equality has concluded.
BAE Systems will make a one-off payment of £1bn into its pension scheme “in the coming months” to plug a £1.9bn hole.
PASA’s DB transfers code of good practice is asking the industry to commit to delivering faster, safer transfers. Holly Roach reports
As the number of Coronavirus cases continues to grow, Calum Cooper looks at the potential impact on DB scheme liabilities and sponsor covenants.