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...
Some of the UK's biggest pension schemes will be forced to report on climate risk in line with recommendations from the Taskforce for Climate-related Financial Disclosures (TCFD).
TPT Retirement Solutions has launched a pension scheme for the education sector which offers schools both defined contribution (DC) and defined benefit (DB) pension provision.
The People's Pension has revealed plans to overhaul its charging structure, cutting fees and returning profits to members with an aim to help people save more money for retirement.
Data consultancy ITM has appointed Akash Rooprai as head of client management to lead its de-risking business.