Linking state pension to the higher of earnings or prices - with a minimum increase of 2.5% - is one of the reasons the government is accelerating moves to raise the state pension age, David Yeandle says.
EEF head of employment policy Yeandle explained the cost of the move is probably one reasons the government has decided to consult on accelerating the planned move in state pension age from 65 to 66. ...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.