BT is to make pension contributions of £525m a year for the next three years to reduce its £2.9bn deficit, preliminary results reveal.
The telecoms group said the £29.3bn scheme was £2.9bn in deficit (£4bn gross of tax) at March 31, compared with a surplus of £2bn last year. The results said the market value of the defined benefit scheme...
A report by Pinsent Masons calls on trustees to be more proactive on the risks posed by climate change, warning it is no longer a 'nice to have'. Stephanie Baxter considers the action points
Capita has set out plans to transform its business and raise £701m in additional capital at the same time as it unveiled a £513.1m annual loss.
Two men were sentenced to jail after luring 16 victims into transferring nearly £1m of their pensions into a non-existent occupational scheme in an "elaborate" liberation scam.
Graham Vidler has stepped down from his position as director of external affairs at the Pensions and Lifetime Savings Association (PLSA) after four years in the role.