THE CROSS-PARTY amendment to the Pensions Bill which would create a "lifeboat fund" to boost payments from the Financial Assistance Scheme has been vigorously opposed by the government ahead of today's Commons vote.
The creation of the fund would allow payments from the FAS to be upgraded to Pension Protection Fund levels through a loan from government. It would guarantee 80pc of core pension to scheme wind-up victims...
This week's edition of Professional Pensions is out now
Collective defined contribution (CDC) schemes will need clear and transparent governance frameworks, as well as effective communication strategies, to be a success, the Work and Pensions Committee (WPC) has been told.
The aviation sector's constant evaluation of mistakes to improve safety should be applied to defined benefit schemes, as too many are making the same mistakes again and again, latest research shows.
A month of strikes are due to hit 64 universities from tomorrow over major reforms to the Universities Superannuation Scheme (USS).