Home furnishing heavyweight Ikea will reward 136,000 staff through a company performance-linked pension bonus, which it expects will boost the retirement pots of 55% of its UK employees.
Provided Ikea UK exceeds year-on-year sales growth of 10%, full-time workers who have been with the group for at least five years will receive an added lump sum of around £500 deposited into their pension...
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.