TYRE maker Michelin is planning to close its final salary pension scheme to existing members after a sharp rise in its shortfall.
The firm said the deficit rose from £57m in 2002 to £260m last year despite making additional payments of £100m. Michelin plans to pay off its deficit over the next 10 years and said a £20m additional...
Females can expect to live a greater number of years in poor health than males, according to data from the Office for National Statistics (ONS) for 2015 to 2017.
Scottish higher-rate taxpayers will benefit from more pensions tax relief than workers on the same salary anywhere else in the UK as income tax bands continue to diverge.
Schemes risk breaking the law and being forced to wind up as The Pensions Regulator (TPR) warns some may be master trusts but do not know so.
As a hectic 2018 draws to an end, Jonathan Stapleton wishes readers a quieter 2019.