PENSION funds moving into accounting surplus will force firms to set up contingent funding arrangements in a bid to avoid trapping cash in the scheme, Watson Wyatt says.
The pensions consultancy firm’s research revealed the aggregate FTSE100 deficit is now under £16bn – its lowest level for five years. But it said this could cause problems with regards to surpluses accrued....
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.