Mitchells & Butlers will introduce a salary cap of 2% to its defined benefit pension scheme in a bid to curtail increasing liabilities, its interim results reveal.
The company said the move would "assist in mitigating future pension liabilities" by capping how much of an employees' future pay rises would be pensionable. The pub group, which owns chains All Bar...
Newton Investment Management's series of DC columns continues with Gerald D Rehn of BNY Mellon forecasting innovation in the market
Pension Insurance Corporation (PIC) has agreed to a 30 year debt investment in Phoenix Community Housing, a not-for-profit, resident-led housing association in London.
Royal London has announced plans to allow customers with guaranteed annuity rates (GARs) to convert their guarantees into a top-up for their pension pot, subject to High Court approval.
The Salvus Master Trust will welcome another 1,200 members and 20 employers as it absorbs the £7m Complete Master Trust.