The decision to index occupation pension increases to the CPI measure of inflation will cut the benefits of millions of workers, industry figures warn.
Hargreaves Lansdown said up to 12 million final salary members now faced the prospect of a smaller pension after yesterday's announcement (PP Online, July 8). Pensions analyst Laith Khalaf said: "Final...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.