Banking giant Lloyds TSB will give enhanced pensions to workers made redundant following the downsizing of its Cheltenham & Gloucester Building Society arm.
Lloyds TSB is closing 31 of C&G’s 195 branches, resulting in up to 340 job losses. Trade union Unite had opposed the move – citing company profits of almost £2bn for the first six months of the year...
Trustees lack expertise, time and resources to develop effective communications on technical pensions issues and need professional help, a major review of the British Steel saga has concluded.
In this week's Pensions Buzz, we want to know if you think trustees should consult directly with members before agreeing to a DB superfund buyout.
Thousands of savers taking tax-free lump sums ahead of retirement are at risk of a pensions shortfall in later life due to neglecting their remaining pot, Zurich has warned.
Professional Pensions is looking to update its list of pensions master trusts in the UK ahead of authorisation. Can you help?