Hooked on the final salary pension; Unions set to back public sector strikes; Are low gilt yields such a bad thing?; Lack of debt finance is the problem
Hooked on the final salary pension Financial Times There was a time when the final salary pension was as familiar a part of retirement as the carriage clock. Unions set to back public sector strikes...
More needs to be done to speed up DB to DC transfers but, as Jonathan Stapleton says, more also needs to be done to protect members.
The Pensions Ombudsman (TPO) took on 2,566 early resolution cases in 2018/19 after onboarding a team from The Pensions Advisory Service (TPAS), according to its annual report and accounts.
The lifeboat fund is in a good position despite reserves taking a £0.6bn hit. But the ramifications of the EU judgment on member compensation is an area of concern for CEO Oliver Morley, writes Stephanie Baxter