Barclays Bank has agreed to boost pensions for staff at a subsidiary who are being transferred to a firm without a final salary scheme.
The lack of a final salary scheme was a key sticking point over the transfer of staff from Barclays’ Ekins Chartered Surveyors arm to e.surv – part of LSL Property Services. But after talks with union...
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).