Banking group HBOS paid £800m into its defined benefit pension scheme last year to slash its deficit, preliminary results show.
The bank, formed by the merger of Halifax and the Bank of Scotland, reported a 19pc rise in annual pre-tax profit and the reduction of its DB scheme deficit to £0.9bn. The deficit stood at £1.8bn at...
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.