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...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point