The Pensions Bill has cleared both Houses of Parliament and will become law after a last-ditch Labour attempt to amend it was rejected in the Lords.
The amendment, submitted by shadow work and pensions minister Lord McKenzie, would have ensured nobody would have had more than one year added to their state pension age. However the Lords supported...
The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.
Caroline Rookes CBE and Michele Hirons-Wood have joined The Pension Superfund's board of trustees to focus on maintaining governance standards and safeguarding member benefits.
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.