Balfour Beatty has announced plans to make further cuts to benefits paid under its defined benefit pension scheme in a bid to reduce its deficit.
The construction firm said from January 1, 2011 further increases in salary will no longer be reflected in increased pensions for members. Announcing its results for the first half of 2009, the company...
Businesses are experiencing auto-enrolment data error rates of up to 50%, posing questions over the reliability of pension records, Pensionsync says.
A nationwide survey of committee and local pension board members of the Local Government Pension Scheme has revealed high levels of confidence in all areas of their responsibility.
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.