Tesco is set to increase payments to its pension scheme by an extra £4m a year to plug a deficit of £275m.
A review by the scheme trustees said the deficit is largely due to the expectation of increased longevity. Scheme members will also have to pay an increased rate of contribution as a result. The bulk...
The Pensions and Lifetime Savings Association (PLSA) has revamped the standards for its Pension Quality Mark (PQM) in a bid to raise the quality of single-employer defined contribution schemes.
People approaching retirement are "systematically misjudging" their longevity and undervaluing annuities, the Institute for Fiscal Studies (IFS) says.
Professional Pensions is holding a breakfast briefing on engaging defined contribution (DC) members on 7 February.
Panellists at a PP webinar discuss October's High Court judgment on GMP equalisation, how schemes have responded, what their strategies should be, and how the industry can approach it.