Kingfisher has increased its defined benefit surplus after closing its scheme to future accrual during the 2012/13 financial year, its preliminary results show.
The retailer's final salary scheme surplus was boosted to £71m after starting the year at £25m. The June closure to future accrual provided an exceptional curtailment gain of £27m. Along with the cease...
The PLSA's Richard Butcher says we should all work harder to reconnect with the saver, be open with them and tell them the truth
Trustees lack expertise, time and resources to develop effective communications on technical pensions issues and need professional help, a major review of the British Steel saga has concluded.
In this week's Pensions Buzz, we want to know if you think trustees should consult directly with members before agreeing to a DB superfund buyout.
Thousands of savers taking tax-free lump sums ahead of retirement are at risk of a pensions shortfall in later life due to neglecting their remaining pot, Zurich has warned.