The government of Prime Minister Margaret Thatcher made several major changes to the UK pensions system. Professional Pensions takes a look at some of the milestones.
1980 Social Security Act The 1980 Social Security Act saw the link between state pension increases and average earnings broken in a bid to cut spending. Had the earnings link not been abolished,...
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.