Plans to close General Electric aviation's defined benefit scheme could halt production at the world's largest aeroplane engine producer after angry workers threatened strike action.
GE, the globe's number one manufacturer of plane engines, is currently in consultation over proposals to close its DB scheme to new members, increase employee contributions and introduce reforms to its...
Last week, both the PLSA's new chairman Richard Butcher and the pensions minister Guy Opperman told the industry exactly what they wanted to hear. The hard part, as Jonathan Stapleton writes, is turning these fine words into action.
The UK's ranking has dropped to 15 in the Melbourne Mercer Global Pension Index (MMGPI) despite the country attaining a better score than last year.
Origo has appointed Aviva head of proposition Anthony Rafferty to succeed Paul Pettitt as managing director from 1 March 2018.
Baroness Ros Altmann has attacked the annuity market for failing to inform savers that better annuity rates may be available to them, calling for an investigation.