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...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.