TRADE unions have joined forces to oppose any move by disabled employment firm Remploy to use a government grant to plug its pension scheme deficit.
Remploy – which will receive a grant of £555m over five years – announced sweeping factory closures earlier this year and has a £51m deficit in its scheme. A valuation is currently under way and there...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).