The ROYAL Bank of Scotland will close its final salary scheme to new joiners from October 1 in a bid to introduce a more flexible offering for staff.
Existing staff will be given an option to remain in the scheme or invest 15pc of their salary elsewhere, including a new range of retirement offerings provided by the bank. New employees will receive a...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.