LIL-LETS workers campaigning for enhanced pension rights after the closure of the firm's Birmingham factory held a demonstration last weekend.
The Unite union said 150 workers at the firm were left devastated when the factory closed in June as part of plans to shift operations to Taiwan and South Africa. Employees over 50 had expected to receive...
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15% less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.
More than half of people over the age of 55 see financial security as a top priority in retirement, yet a third allocate more time to buying a new car, finds Legal & General (L&G) research.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.