More firms should consider capping final salary funds or implementing cost-sharing arrangements in a bid to avoid closing schemes, PricewaterhouseCoopers says.
The financial services advisory firm said capping defined benefit and providing a defined contribution arrangement on top would protect lower-earning employees and be easy to communicate. And it said...
Alan Pickering says politicians should have the freedom to redefine what is meant by 'absolute'
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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.