Extending talks on public sector pension reforms will not stave off strike action if the government continues its current pathway to reform state worker pensions, the Trades Union Congress says.
The TUC said its agreement to carry on sitting down and talking with the Treasury did not imply it agrees with the government's parameters for reform, or its plan to switch indexation from Retail Prices...
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.