Pressures from rising pension costs have been partly blamed for slashing Royal Mail's profits.
The firm announced profits of £233m for 2006-07, a third down on the previous financial year, but in line with expectations. Royal Mail said it now had key modernisation plans in place to arrest its profit...
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.
This week's top stories included coverage of the much-anticipated defined benefit (DB) white paper and the sector's reaction.
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.