BT has reassured members it will not close its defined benefit pension scheme to existing members, the Communication Workers Union says.
The unions said it wrote to BT in May after the company told members it intended to review the BT Pension Scheme – asserting it would not accept the closure of the scheme and the future pension benefits...
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.