Members of IBM's UK defined benefit (DB) schemes will be able to claim damages against the company over the closure of the schemes, the High Court has ruled.
But the business will seek leave to appeal the decision, which it "respectfully" disagreed with, according to a letter to members from its director of HR Anne Conroy. Mr Justice Warren previously...
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.