Daily Mail and General Trust is shutting its final salary pension scheme to new employees joining from October, the media group says.
DMGT said this closure to new entrants - along with a series of other unspecified changes to its defined benefit scheme - was due to future projections of increased life expectancy and "other cost pressures"....
This week's edition of Professional Pensions is out now
Collective defined contribution (CDC) schemes will need clear and transparent governance frameworks, as well as effective communication strategies, to be a success, the Work and Pensions Committee (WPC) has been told.
The aviation sector's constant evaluation of mistakes to improve safety should be applied to defined benefit schemes, as too many are making the same mistakes again and again, latest research shows.
A month of strikes are due to hit 64 universities from tomorrow over major reforms to the Universities Superannuation Scheme (USS).