Clothing manufacturer Jacques Vert is putting £5m into its pension fund and closing a subsidiary's scheme under a deal with trustees.
The firm will make a special £5m payment in two equal installments and three annual payments of £170,000 towards the operating costs of the Jacques Vert Scheme which was set up earlier this year to replace...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.