Three large local authorities are to become the first to introduce a total reward statement pilot scheme for employees.
Buckinghamshire, Cambridgeshire and Hertfordshire county councils will introduce the employee benefits scheme to a sample group of 100 to 300 employees each. The results of the pilot will be used to determine...
The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.
Caroline Rookes CBE and Michele Hirons-Wood have joined The Pension Superfund's board of trustees to focus on maintaining governance standards and safeguarding member benefits.
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.