Employers are already fielding enquiries from staff about transferring their defined benefit (DB) pension to a defined contribution (DC) savings scheme.
More than four in ten (44%) respondents with a DB scheme said they had been contacted by staff looking to transfer out. One in ten (11%) said they had been contacted by a "significant number" of members....
A former energy and climate change secretary has said that by continuing to invest in fossil fuel firms, pension schemes are just making the climate change crisis even worse.
The Royal Mail Defined Benefit Cash Balance Scheme (DBCBS) has ended its first full-year with a £9m actuarial surplus, the company says.
The Salvus Master Trust has launched a mobile app for members after employers revealed they wanted their members to have more access to online tools.
A rise in UK inflation back above the Bank of England's 2% target rate will not change the thinking of its Monetary Policy Committee with regards to interest rates, experts have said.