THE GOVERNMENT is rethinking its pledge to use the scheme assets of solvent firms to compensate pension losses.
Pensions reform minister James Purnell told members of the work and pensions committee not to “hold their breaths” over the move because there were “significant barriers” to overcome. The rethink will...
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.
The lifetime allowance will rise to £1,054,800 from April next year as the Office for National Statistics (ONS) recorded inflation at 2.4% in the year to September.
The national procurement frameworks for the Local Government Pension Scheme (LGPS) has been expanded to include member data services.