In these straitened times ‘gold plated' public sector pensions face growing calls for fundamental structural reforms to tackle a staggering £1trn unfunded deficit.
So the Confederation of British Industry’s demands for change were hardly a surprise. Indeed, the business lobbying organisations call for an independent commission to investigate the costs of taxpayer...
The Centre for Social Justice is calling for the state pension age to be raised to 70 by 2028 and to 75 by 2035, a much faster rise than currently planned.
The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies".
Jonathan Stapleton speaks to Punter Southall Governance Services director of outsourced pension services Clare Owen about the firm's latest reseach into the effectiveness of trustee boards.