Bosses were ordered to keep up benefit payments to a long-serving former employee despite no pension documentation or contracts existing.
The employee, Mr Wade, had worked for the same company – Alex Kennedy – from age 14 and retired after more than 50 years service in the same job. His employers told him the company would “always look after...
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).