The Royal Mail has offered its scheme members an improved deal in pension scheme negotiations as the company looks to avoid strike action before its floatation on the stock market.
The postal firm originally told members of the Royal Mail Pension Plan (RMPP) that pensionable pay increases would be limited to the retail prices index (RPI) up to 5%, regardless of actual pay rises (PP...
This week's edition of Professional Pensions is out now
MPs failed to place legislation into the Financial Guidance and Claims bill that would have made pension guidance default, which Just Group director Stephen Lowe said left a "bitter taste".
Aegon has called for the government to double the tax exemption on employer-arranged pension advice, up from £500 to £1,000.
Institutional investor confidence in Europe rose by 8.9 points in April with each region showing growing appetite for risk, according to State Street Global Exchange.