The Postal Services Bill has been amended in the House of Lords to safeguard the Royal Mail Pension Plan if the scheme is broken up in future.
The bill - which provides for the Royal Mail to be relieved of its £10.3bn pensions deficit (PP Online, 13 January) - had its third reading in the House of Lords yesterday. Introducing the amendment,...
A suite of liability driven investment (LDI) indices has been launched by STOXX and RiskFirst to aid trustees and consultants select, monitor and challenge managers.
British Airways and the trustees of one of its pension schemes are set to argue over the purpose of a pension scheme, leading to an impactful judgment for DB pensions. James Phillips explores the issue
Bank of England governor Mark Carney has said there is still a lot of data to consider before the Monetary Policy Committee (MPC) can decide when to next hike interest rates.
Savers are not squandering their tax-free lump sums under Freedom and Choice but are taking a more cautious approach to retirement, according to Prudential research.