The High Court has ruled trustees in the Federated Flexiplan case have the discretion to award or withhold any surplus arising in the scheme from members.
Trustees of Flexiplan, a form of final salary scheme which entitled members to a slice of any scheme surpluses, decided to stop paying the top-up to deferred members when the scheme fell into a £20m deficit...
Some of the UK's biggest pension schemes will be forced to report on climate risk in line with recommendations from the Taskforce for Climate-related Financial Disclosures (TCFD).
TPT Retirement Solutions has launched a pension scheme for the education sector which offers schools both defined contribution (DC) and defined benefit (DB) pension provision.
The People's Pension has revealed plans to overhaul its charging structure, cutting fees and returning profits to members with an aim to help people save more money for retirement.
Data consultancy ITM has appointed Akash Rooprai as head of client management to lead its de-risking business.