Members of Lloyds TSB Pension Funds are demanding to know whether the £4bn partnership created to plug the schemes' deficits was used to offload "toxic assets".
The Lloyds Trade Union - which represents 40,000 Lloyds staff - is concerned the bank is using the partnership to shift assets it cannot sell off its own balance sheet. It said they could be worth a...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.