Royal Bank of Scotland is to cap future increase in pensionable pay to 2% a year or the rate of inflation, which ever is lower.
Union Unite described the plans as a "body blow" to its 60,000 staff. The bank's defined benefit scheme was closed to new members in 2006. The company is also proposing to reduce the severance terms...
Richard Wohanka is to chair The Pension Superfund's trustee board, working alongside professional firm 2020 Trustees to safeguard members' benefits.
Four people behind a £13.7m cold-calling scam which cost 245 people their savings have been banned from being pension scheme trustees by The Pensions Regulator (TPR).
The Pensions Administration Standards Association (PASA) has launched its latest round of guidance for guaranteed minimum pensions (GMPs).