British Airways and BT could cut dividends in a bid to reduce pension deficits, in line with advice produced by the Pensions Regulator.
An analyst poll - conducted by Bloomberg - found the average view was that BT would cut its dividend from 10.4 pence to 3.5 pence for the second half and calculated BA would omit the dividend altogether....
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.
The lifetime allowance will rise to £1,054,800 from April next year as the Office for National Statistics (ONS) recorded inflation at 2.4% in the year to September.
The national procurement frameworks for the Local Government Pension Scheme (LGPS) has been expanded to include member data services.
The government is seeking ways to ensure "parity" of compensation treatment between Financial Assistance Scheme (FAS) members from solvent and insolvent schemes.