Three-quarters of judges will not face cuts to their pensions, the government said yesterday, as it backtracked on plans to include judges in the Civil Service pension scheme.
In a written ministerial statement, justice secretary Chris Grayling said the government would create a new stand-alone judicial pension scheme but it would not apply to judges within 10 years of the pension...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.