COMPANIES could face a 2000pc increase in Pension Protection Fund levies from 2006 levels following a European Court of Justice ruling tomorrow, Aon Consulting warns.
The consultancy firm said the Court of Justice is set to decide whether the government lifeboat fund should be required to provide full compensation to members of UK schemes that lose their final salary...
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.
The lifetime allowance will rise to £1,054,800 from April next year as the Office for National Statistics (ONS) recorded inflation at 2.4% in the year to September.
The national procurement frameworks for the Local Government Pension Scheme (LGPS) has been expanded to include member data services.
The government is seeking ways to ensure "parity" of compensation treatment between Financial Assistance Scheme (FAS) members from solvent and insolvent schemes.