THOUSANDS of women could face a poorer retirement following a government U-turn on pensions reform, Age Concern says.
An amendment to the Pensions Bill – backed by the charity – which would have allowed women to make up to nine years of missed National Insurance Contributions prior to 1996 has been dropped by the government....
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.