ROYAL Mail is to close its final salary pension scheme to new members in a bid to tackle its £6.6bn fund deficit.
The company said it was committed to safeguarding the scheme for existing members but will start a six month consultation on switching to defined contribution for new employees. It said payments of...
An analysis of IGC annual reports finds some lacking in information on value for money, costs and charges, and investment performance. James Phillips explores the findings
A new cost transparency solution is being developed for pension schemes by a financial services technology firm.
Supermarket giant Asda's plans to reform its pensions have been decried as "unfair, unreasonable and unnecessary" as the workers' union began talks with the employer.
The Pensions Administration Standards Association (PASA) has launched a checklist to help trustees with the rectification process for guaranteed minimum pensions (GMP).