SOME 90% of UK companies with a defined benefit pension scheme are worried about its impact on their business, PricewaterhouseCoopers fourth annual pensions survey reveals.
The consultant's survey - which polled 98 companies, including 29 FTSE100 organisations - found firms intended to take greater control than previously of pension funding negotiations with trustees. And...
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.