FTSE 250 executive pensions have fallen by 20% since 2010 as a result of changes to tax limits, according to LCP research.
Figures from LCP revealed the cost to employers of an average remuneration package fell by one-fifth, from £87,000 two years ago to £68,000 this year. New tax limits introduced in April 2011 capped...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.