The government's decision to calculate public sector pension liabilities using Consumer Price Inflation rather than Retail Price Inflation will hit lower earners hardest, a consultant warns.
In his budget statement, Chancellor George Osborne said he would calculate rises in public sector pensions using the CPI - a measure which has traditionally exceeded the RPI. As a result, calculated liabilities...
This week's top stories included the 'Buck' name being revived as Conduent sold off the HR consulting business to a private equity investor.
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.