The University and College Union has today started industrial action over changes to the Universities Superannuation Scheme. Here's a plotted history.
July 2009: USS first floats the idea of altering employee benefits after its funding level plummets 29 percentage points due to an increase in salaries and pensions. May 2010: The seeds of discontent...
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how
There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.
Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).