UNILEVER UK is to close its £5bn final salary scheme to new employers and set up a hybrid fund in its place.
A career average scheme has been proposed for new staff with an employee contribution of 5pc and covering pensionable earnings up to a threshold of £35,000. Above that limit, a defined contribution arrangement...
The FCA and TPR have announced their joint strategy for tackling the key risks facing pensions in the next decade. Victoria Ticha explores the plan and the industry's initial reaction.
GKN has slammed Melrose for making 'misleading' comments relating to the engineering giant's two UK defined benefit (DB) schemes.
UK inflation fell to 2.7% in February 2018 from 3% a month earlier, the Office for National Statistics (ONS) has confirmed, a larger decline than analysts expected.
In the latest in a monthly series of DC columns from Newton Investment Management, Curt Custard warns investors of the possibility of further volatility in the months ahead