The Royal Mail has seen its scheme surplus soar to more than £1.8bn after trustees agreed to break the link between salaries and pensionable pay.
In its half yearly report, the newly privatised service said it had reached an agreement with trustees of the Royal Mail Pension Plan (RMPP) to limit increases in pensionable pay to the retail prices index...
Here are key takeaways from our 2019 Asset Allocation Outlook on how we are positioning asset allocation portfolios in light of our outlook for the global economy and markets.
This week's top stories included a Freedom of Information request revealing more than 100,000 savers could face six-figure tax bills as a result of GMP equalisation.
The Pearson Pension Plan has entered into a £500m pensioner buy-in with Legal & General (L&G) in the insurer's first deal of 2019.