LEADING fund manager Hermes Pension Management - trustee of the BT Pension Scheme - has revealed a £16.6m blackhole in its final salary pension scheme.
The Hermes Group Pension Scheme, which has around 500 active, pensioner and deferred members, blamed the change in the discount rate – down to 4.75pc from 5.3pc due to falling bond yields – for the increase...
The registration deadline for the Workplace Savings & Benefits Awards 2019 is today.
This week's top stories were the DWP giving the green light to CDC and TPR granting extensions for 11 master trust authorisation applications.
Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up
The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.