The number of active members of defined benefit (DB) schemes who have contracted out of the additional state pension fell between 2008 and 2012, says the Office for National Statistics (ONS).
The total number dropped from 2.4 million to 1.4 million, while the percentage of active members in contracted out schemes dropped from 91% to 84%. The ONS figures show that members making higher contributions,...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point