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...
Partner Insight: Members' evolving needs and expectations are driving changes in scheme administration. As the pensions landscape inevitably continues to change, how will your scheme's approach need to develop to keep pace?
The Pensions Regulator (TPR) is "working closely" with government contractor Interserve and the trustees of its defined benefit (DB) pension schemes, it has confirmed.
The industry has welcomed the Department for Work and Pensions' (DWP) consultation on defined benefit (DB) consolidation as a way to address scheme covenant issues.
BMO Global Asset Management has opened a UK fiduciary management business, promising a "truly open architecture" approach to deliver "better client outcomes".