BMW's UK final salary scheme is to remain open to new joiners while the company consults on plans to close it.
The negotiations had come to a halt as Unite - which represents BMW workers - had refused to discuss the planned closure. Unite national officer Roger Maddison said the scheme had a deficit that was...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.