The Communication Workers Union (CWU) has threatened a national strike after it "firmly rejected" the proposals from the Royal Mail to make changes to its pension plan.
The Royal Mail began consulting with staff and unions about capping increases in pensionable pay at 5%, despite having majority of its liabilities transferred to the government (PP Online, 31 May). ...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.