TWO-THIRDS of companies are planning to reduce scheme contribution rates as they find it increasingly difficult to meet cash obligations, Aon Consulting warns.
The consultant said employers had been paying large contributions to deal with defined benefit scheme deficits – and were planning for rates to decrease next year. But it warned deficits had increased...
The British Medical Association (BMA) has warned chancellor Philip Hammond to reform the NHS pension scheme rules or doctors will reduce their working hours.
The lifetime allowance should be scrapped and replaced with a lower annual allowance, last week's Pensions Buzz respondents said.
Action for Children Pension Fund has outsourced its pensions administration to Trafalgar House.