The government should retain a fixed revaluation rate of 4% calculating guaranteed minimum pensions for early leavers, the Society of Pension Consultants recommends.
The trade body's comments come in response to a Department for Work and Pensions consultation which proposed increasing the rate to 4.75% for the period between 2012 and 2017. The SPC said this proposal...
Coats' pension scheme members are not entitled to annual increases of 5%, the High Court has ruled in a rare instance of a court overturning a decision of The Pensions Ombudsman.
Trustees of the Airways Pension Scheme (APS) have been granted permission to use more than £1m of scheme assets to fund an appeal over discretionary increases.
Chancellor Philip Hammond is being pressed to tackle the impact of pensions allowances on the NHS' ability to recruit and retain staff.