The single-tier pension will bring an end to state second pension and contracting out, the Department for Work and Pensions has confirmed.
As a result, employees currently in contracted out arrangements will see an increase of 1.4% in their national insurance contributions. Workers could also see their scheme benefits reduce or contributions...
The directors of collapsed construction giant Carillion were "contemptuous" of funding their defined benefit (DB) pension schemes, and "refused to give an inch", Frank Field has alleged.
The PPF 7800 deficit was slashed in half last month as gilt yields rose. Victoria Ticha asks if this is the start of a longer trend
Frank Field is to warn Sir Philip Green not to sell his Arcadia business without ensuring defined benefit (DB) pensions are adequately protected, PP can confirm.
Some 79% of people would like to see stricter rules and checks to ensure pension pots are secure, according to a survey by the Pensions and Lifetime Savings Association (PLSA).