Two major trade unions have denounced Nestle's plans to close its career average defined benefit (DB) scheme as a "betrayal" of staff.
Unite and GMB said over 7,600 Nestle workers in the UK would be affected by the closure and criticised the firm for going back on pension promises it made in 2010. Five years ago the final salary scheme...
In this week's Pensions Buzz, we want to know whether you think a contract-based, trust-based or a master trust arrangement would be best for a new defined contribution scheme.
The £28bn Brunel Pension Partnership has opened a tender for active equity managers to oversee around £1.8bn of the pool's assets.
RPMI Railpen has injected £7m of new equity into full-fibre internet service provider, Community Fibre.
The Pensions Regulator (TPR) is to prosecute Samuel Smith Old Brewery and chairman Humphrey Smith for failing to provide information and documents for an ongoing investigation.