Government has launched a consultation on proposed hikes to teachers, nurses and civil service pension contributions as it moves to save £1bn by April 2013.
The Cabinet Office, Department for Education and the NHS have today published individual consultations based on rules laid down by HM Treasury to achieve £1bn of the £1.2bn of savings required for 2012/2013....
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.