Annuity provider Partnership is to cut 100 roles as part of a multi-million pound cost saving drive sparked by the Budget changes.
In a note to the stock exchange, the firm said the 100 job cuts would - together with actions already taken (PP Online, 14 May) - generate annualised cost savings of £21m in 2015. It added operating...
Coats' pension scheme members are not entitled to annual increases of 5%, the High Court has ruled in a rare instance of a court overturning a decision of The Pensions Ombudsman.
Trustees of the Airways Pension Scheme (APS) have been granted permission to use more than £1m of scheme assets to fund an appeal over discretionary increases.
Chancellor Philip Hammond is being pressed to tackle the impact of pensions allowances on the NHS' ability to recruit and retain staff.