CALCULATIONS for defined benefit transfer values must be changed if employees are to avoid "draconian" financial penalties, experts warn.
A department for work and pensions consultation on the current calculation basis drew to a close on Friday amid industry calls for greater clarity to help advisers explain the advantages and disadvantages...
University College Union (UCU) and Universities UK have appointed Joanne Segars to chair the joint expert panel to examine the valuation of the Universities Superannuation Scheme (USS).
The Pensions Regulator (TPR) was right to use its powers to seek financial support from ITV for members of the Box Clever pension scheme, the Upper Tribunal has said.
All 6,000 UK schemes had a surplus of £361bn by the end of last month when calculated under a best estimate return on their assets, according to First Actuarial.
Research highlights confusion about where responsibility to support members on transfers lies. Kim Kaveh looks at the key findings.