The trustee of the T&N Retirement Benefit scheme has denied it has the power to boost benefits for members who are subject to the Pension Protection Fund compensation cap.
The scheme was bought out of PPF assessment last week in a £1.1bn bulk annuity deal which guaranteed PPF-level benefits – 90% for those below normal retirement age and 100% for those above – for the 30,000...
Paul Budgen is set to join financial technology and auto-enrolment (AE) firm Smart Pension as director of business development.
This week's edition of Professional Pensions is out now
Collective defined contribution (CDC) schemes will need clear and transparent governance frameworks, as well as effective communication strategies, to be a success, the Work and Pensions Committee (WPC) has been told.
The aviation sector's constant evaluation of mistakes to improve safety should be applied to defined benefit schemes, as too many are making the same mistakes again and again, latest research shows.