UNIONS remain unhappy with British Airways' revised pension proposals despite them being approved by trustees.
The airline says it will give all employees the option to retire at the age of 60 (instead of 65) in return for increased contribution rates – up from 5.25pc to 10pc and from 6.5pc to 11.25pc for air crew....
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.