FIRMS keep final salary schemes open for outsourced public sector workers but rarely offer similar benefits to other new joiners, a new study shows.
And the cost of providing these pensions is deterring firms from tendering for public sector contracts, consultant Lane Clark & Peacock claims. Partner Bart Huby believes the firm’s Private Finance...
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.