The government has set the earnings threshold at which workers are auto-enrolled at £9,440 for 2013/14.
This comes after a consultation process in which the Department for Work and Pensions asked for viewpoints on increasing the upper and lower earnings thresholds (PP Online 11 September). The move links...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.